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Description
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.
Property Features
Interior
Bedrooms
10
Bedrooms Above Grade
7
Bedrooms Below Grade
3
Bathrooms
4
Kitchens
4
Rooms Above Grade
15
Basement
Apartment
Interior Features
None, Air Exchanger, Carpet Free, On Demand Water Heater, Storage Area Lockers
Fireplace
No
Exterior & Construction
Architectural Style
3-Storey
Construction
Brick
Foundation
Block
Roof
Asphalt Shingle
Pool
None
Direction Faces
South
Heating & Cooling
Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air
Parking
Total Parking
4
Parking Spaces
2
Garage Type
Detached
Covered Spaces
2
Parking Features
Private Double
Location & Land
Address
2333 Gerrard Street E, Toronto E02, ON M4E 2E5
City
Toronto E02
Neighbourhood
East End-Danforth
County
Toronto
Province
ON
Postal Code
M4E 2E5
Cross Street
Main St and Gerrard St E
Lot Size
18.66 x 150.54 Feet
Lot Width
18.66 Feet
Lot Depth
150.54 Feet
Sewer
Sewer
$989,000
2333 Gerrard Street E, Toronto E02, ON M4E 2E5
10
Bedrooms
4
Bathrooms
2500-3000
Sq. Ft.
4
Parking
Property Details
MLS #
E12949028
Property Type
Residential Freehold
Property Sub Type
Detached
Style
3-Storey
Year Built
New
Lot Size
18.66 x 150.54 Feet
Possession
Immediate
HST
Included In
Tax Information
Annual Taxes
$4,086
Tax Year
2026
Listing Information
Listed
April 2, 2026
Last Updated
April 2, 2026
Expiry Date
June 1, 2026
Listing Brokerage
ROYAL LEPAGE/J & D DIVISION
The listing data is provided under copyright by the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service.

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