




This 10-bedroom, 4-bathroom single family in Toronto offers 3,000 sqft of living area. 3 storeys. The property has lot dimensions of 18.7 x 150.5 FT, cross street Main St and Gerrard St E. The home features forced air, natural gas heating, central air conditioning, air exchanger, a apartment in basement basement.
Stop dreaming and start digging. This is a rare, fully vetted development opportunity at the corner of Gerrard and Hannaford, where the "heavy lifting" of the Committee of Adjustment is already complete. Approved for a sleek, legal four-plex (3 x 2-bed/den and 1 x 1-bed) designed by ArtHaus Developments, this site is primed for a building permit application.The 150-foot deep corner lot offers a significant advantage: while current approvals do not include auxiliary buildings, the site's dimensions are tailor-made for a substantial laneway house-adding a potential fifth stream of income to this high-demand residential pocket. Secure Cash Flow While You Plan: The property currently generates $3,200/month plus utilities from exceptional tenants (lease ends Aug 31, 2026), providing a stable carry while you finalize permits and trades. All architectural plans, COA approvals, and design files paid for by the Seller are included. This is a turnkey transition for an investor looking to hit the ground running in the East End. Showing Policy: To respect the privacy of the excellent tenants, appointments to tour the interior of the home will be arranged only upon an accepted conditional offer. Please book an appointment online to walk the lot/exterior. (id:60351)
Fridge, stove, washer, dryer, all electric light fixtures and window coverings
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Listed by KEVIN MICHAEL MCCARTHY, ROYAL LEPAGE/J & D DIVISION
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Listing represented by KEVIN MICHAEL MCCARTHY, ROYAL LEPAGE/J & D DIVISION · MLS# E12949028
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.