3312 Danforth Avenue Toronto, Ontario M1L 1C4
$4,495,000
ATTENTION DEVELOPERS AND BUILDERS Rare Development Opportunity at 3312 Danforth Ave. Welcome to 3312 Danforth Ave., a prime redevelopment site in a high-demand pocket of Scarborough. The Zoning By-law permits a 10 Storey Mixed-Use Residential building that will require approval through the Committee of Adjustment for Minor Variance. An application has been submitted for Site Plan Approval to the City of Toronto. The development application proposes 72 Residential Units and 1 grade related Commercial Unit. The unit breakdown is as follows 9-1 Bedroom + Den units , 55-2 Bedroom Units and 8-3 Bedroom Units. ALL engineering studies in support of the application have been submitted in conjunction with the Site Plan Approval Application. This is a prime development opportunity for both condominium or rental units. Ideally situated across from a park, this property provides future residents with green space at their doorstep, excellent transit access, and a short commute to Downtown Toronto. The area is experiencing rapid growth, making it an attractive location for a new residential or mixed-use development. With much of the groundwork already done, this site allows for a streamlined path to construction. This property is being sold under Power of Sale. (id:61852)
Property Details
| MLS® Number | E12131446 |
| Property Type | Vacant Land |
| Neigbourhood | Scarborough |
| Community Name | Oakridge |
| FarmType | Other |
Building
| SizeInterior | 12529 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 125 Ft |
| SizeFrontage | 100 Ft |
| SizeIrregular | 100 X 125 Ft |
| SizeTotalText | 100 X 125 Ft |
| ZoningDescription | Cr4.5 (c4.5;r4)*810) |
https://www.realtor.ca/real-estate/28275907/3312-danforth-avenue-toronto-oakridge-oakridge
Interested?
Contact us for more information
Darren Michael Slavens
Broker of Record
435 Eglinton Avenue West
Toronto, Ontario M5N 1A4
Sarah Chris
Salesperson
435 Eglinton Avenue West
Toronto, Ontario M5N 1A4
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May 07 2025 08:15:04
Toronto Real Estate Board
Slavens & Associates Real Estate Inc.
