3258 -60 Danforth Avenue Toronto, Ontario M1L 1C2
$1
An exceptional opportunity to acquire a prime corner property on the prestigious Danforth Avenue, one of Toronto's premier arterial roads that run parallel to the most populous Green Subway Line. Located just a short walk from Victoria Park Subway Station, this site is perfectly positioned to cater to high-demand tenancy. This site comes with a Committee of Adjustment approval for a seven-Storey, 25-unit building, offering excellent potential for tenancy in a high-demand area. Additionally, the property presents the potential for an eight-Storey development accommodating up to 44 units, maximizing its value and returns. Located in the heart of Scarborough, this high-yielding site is ideal for a range of development opportunities. Seize this rare chance to invest in a versatile and strategically located property. **** EXTRAS **** This property also offers the possibility of assembly with adjacent lots, creating an opportunity for larger-scale development projects. (id:61015)
Property Details
| MLS® Number | E11176681 |
| Property Type | Vacant Land |
| Neigbourhood | Oakridge |
| Community Name | Oakridge |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Type | Other |
| Size Interior | 6,254 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 125 Ft ,1 In |
| Size Frontage | 50 Ft |
| Size Irregular | 50.07 X 125.11 Ft |
| Size Total Text | 50.07 X 125.11 Ft |
| Zoning Description | Cr3.5(c3.5;r3*811) |
https://www.realtor.ca/real-estate/27686951/3258-60-danforth-avenue-toronto-oakridge-oakridge
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November 29 2024 01:11:01
Toronto Regional Real Estate Board
Century 21 Titans Realty Inc.