Prime development opportunity on Kingston Rd !


Property

Website:https://www.nestseekers.com/4182805
Address:
Toronto E08 M1M 1N5
Ownership: For Sale
Type: Unknown
Bedrooms: 3 BR
Bathrooms: 3
Pets: No Pets Allowed

Financials

Price:C3,999,000
($2,922,400)
(€2,499,600)
Annual Taxes:C4,599

Description

Prime development opportunity on Kingston Rd! This 120 x 130 ft lot (15,600 sq. ft.) offers immense potential for investors, developers, and builders.Located in a high-growth area, this property is zoned RD, permitting a wide range of uses beyond residential, including community centres, day nurseries, group homes, laneway suites, libraries, places of worship, private home daycares, secondary suites, short-term rentals, transportation uses, and more.With new city street studies in progress and high-rise developments getting approved along major streets in Scarborough, this site presents a rare opportunity for future intensification. Dont miss out on this prime location with flexible zoning and future growth potential. Do not walk the lot or knock on the door without an appointment.

Contact

505 Park Ave, New York, NY 10022