An outstanding opportunity to acquire a fully approved residential redevelopment site with a Gross Floor Area of 15,315 square feet. Located on a highly sought-after street and a 5 minute walk to the new Mt. Pleasant Subway Station and close to amenities, including Yonge Street, Eglinton, TTC transit, schools, parks, and more. The approved proposal includes the construction of a 4-storey, 14-unit residential apartment building, featuring 14 vehicular parking spaces and a Floor Space Index (FSI) of 1.43.All municipal and planning approvals have been secured. The offering consists of two fully tenanted residential properties, currently generating strong holding income on a month-to-month basis. The existing buildings include a legal triplex and a detached bungalow, together providing a total of four legal rental units. Properties are also being sold separately on MLS. (id:61852)
MLS® Number | C12214534 |
Property Type | Vacant Land |
Neigbourhood | Don Valley West |
Community Name | Mount Pleasant East |
ParkingSpaceTotal | 14 |
SizeInterior | 9107 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 166 Ft ,2 In |
SizeFrontage | 54 Ft ,9 In |
SizeIrregular | 54.78 X 166.24 Ft |
SizeTotalText | 54.78 X 166.24 Ft |
ZoningDescription | See Rezonong Attached To Listing |
Contact us for more information
Don Mulholland
Salesperson
Stephanie White Willitts
Salesperson