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:43697)
Property Details
| MLS® Number | E11176681 |
| Property Type | Vacant Land |
| Community Name | Oakridge |
Building
| CoolingType | Partially Air Conditioned |
| HeatingType | Other |
| SizeInterior | 6254 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 125 Ft ,1 In |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50.07 X 125.11 Ft |
| SizeTotalText | 50.07 X 125.11 Ft |
| ZoningDescription | 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 27 2024 12:45:41
Toronto Real Estate Board
Century 21 Titans Realty Inc.