Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
| Bedrooms: | Studio |
| Pets: | Pets No |
Financials
DescriptionAttention Builders and Investors: In the Heart of Pickering! Located just minutes from Frenchman's Bay West Park, with easy access to major highways and downtown Toronto. This proposed development spans 49,933.73 sq. ft. on 1.146 acres of prime land, with potential for residential or commercial use. This lot comes with draft plan approval for 27 standard townhouse units. The new owner has the opportunity to redesign the layout, including options like back-to-back townhomes, to potentially increase the total number of units. The property is currently leased to two tenants, a church and a daycare, generating a total annual rental income of $312,000. Both tenants are open to staying but have signed termination clauses, offering flexibility for future development. This site offers an exceptional opportunity for investors or developers.
Amenities- Available
- Major Highway
- Public Transit
Attention Builders and Investors: In the Heart of Pickering! Located just minutes from Frenchman's Bay West Park, with easy access to major highways and downtown Toronto. This proposed development spans 49,933.73 sq. ft. on 1.146 acres of prime land, with potential for residential or commercial use. This lot comes with draft plan approval for 27 standard townhouse units. The new owner has the opportunity to redesign the layout, including options like back-to-back townhomes, to potentially increase the total number of units. The property is currently leased to two tenants, a church and a daycare, generating a total annual rental income of $312,000. Both tenants are open to staying but have signed termination clauses, offering flexibility for future development. This site offers an exceptional opportunity for investors or developers.
- Available
- Major Highway
- Public Transit
Attention Builders and Investors In the Heart of Pickering !
DescriptionAttention Builders and Investors: In the Heart of Pickering! Located just minutes from Frenchman's Bay West Park, with easy access to major highways and downtown Toronto. This proposed development spans 49,933.73 sq. ft. on 1.146 acres of prime land, with potential for residential or commercial use. This lot comes with draft plan approval for 27 standard townhouse units. The new owner has the opportunity to redesign the layout, including options like back-to-back townhomes, to potentially increase the total number of units. The property is currently leased to two tenants, a church and a daycare, generating a total annual rental income of $312,000. Both tenants are open to staying but have signed termination clauses, offering flexibility for future development. This site offers an exceptional opportunity for investors or developers.
Amenities- Available
- Major Highway
- Public Transit
Attention Builders and Investors: In the Heart of Pickering! Located just minutes from Frenchman's Bay West Park, with easy access to major highways and downtown Toronto. This proposed development spans 49,933.73 sq. ft. on 1.146 acres of prime land, with potential for residential or commercial use. This lot comes with draft plan approval for 27 standard townhouse units. The new owner has the opportunity to redesign the layout, including options like back-to-back townhomes, to potentially increase the total number of units. The property is currently leased to two tenants, a church and a daycare, generating a total annual rental income of $312,000. Both tenants are open to staying but have signed termination clauses, offering flexibility for future development. This site offers an exceptional opportunity for investors or developers.
- Available
- Major Highway
- Public Transit
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
