Welcome to 78 Gerald St, a rare opportunity on a quiet, prestigious street in one of Toronto's most coveted neighbourhoods. Set on a private 80X200 premium lot this substantial residence offers exceptional scale, beautiful proportions with 4470 + 2104 sq ft of living space and the perfect foundation for a truly remarkable transformation. A two-storey foyer sets the tone, leading to expansive principal rooms and an open-concept layout designed for both everyday living and elegant entertaining. The home features a three-car garage, generous living spaces, multiple fireplaces, and a finished lower level offering excellent flexibility for family living, recreation, or future customization.The upper level is anchored by a spacious primary retreat with ensuite, complemented by additional well-sized bedrooms ideal for growing families. The lower level provides ample recreation space and storage, with outstanding potential to elevate into a high-end retreat. Step outside to a private backyard oasis, offering tranquility, privacy, and endless opportunity to create something spectacular. Bring your Contractor...bring your designer bring your vision.... this home can be transformed into a truly exceptional custom residence surrounded by luxury estates, top schools, parks, and convenient access to major routes and downtown. A rare offering. An extraordinary opportunity. **SOME PHOTOS ARE VIRTUALLY STAGED/AND OR DIGITALLY ENHANCED FOR ILLUSTRATION PURPOSES ONLY.