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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 989,000

Est. payment | -/mo

10 Beds

4 Baths

Save

$ 989,000

Est. payment | -/mo

Save

10 Beds

4 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Municipality Toronto E02

Subdivision East End-Danforth

MLS Listing ID E12949028

Style 3-Storey

Bedrooms 10

Annual Tax Amount $4,086

Tax Year 2026

Property Sub-Type Detached

Property 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.

Location

Province ON

County Toronto

Community Toronto E02

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 4

Separate Den/Office 3

Interior

Interior Features None, Air Exchanger, Carpet Free, On Demand Water Heater, Storage Area Lockers

Cooling Central Air

Inclusions Fridge, stove, washer, dryer, all electric light fixtures and window coverings

Exterior

Parking Features Private Double

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 18.66

Lot Depth 150.54

Total Parking Spaces 4

Building

Building Age New

Foundation Block

Others

Senior Community No

ParcelsYN No

Listed by ROYAL LEPAGE/J & D DIVISION

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

2333 Gerrard ST E Toronto E02, ON M4E 2E5