Toronto W08 M9B 1M2

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C1,500,000
($1,076,040)
(€920,337)
Annual Taxes:C4,942.66
505 Park Ave, New York, NY 10022

Description

Prime development opportunity on Bloor St W with potential for a larger assembly. 3989 Bloor St W offers a 40 x 150 ft lot being sold as land only. With neighbouring sites also listed on MLS, with a potential for combined frontage of approximately 123.25 ft providing excellent scale and flexibility for redevelopment. A recently accepted settlement by the City now paves the way for implementation of new "as-of-right" development of mid-rise residential buildings on major streets. Be one of the first to seize this opportunity and build a boutique condominium, townhomes or apartment building up to 6 storeys. Featuring a wide right-of-way on Bloor, transit at the doorstep, and proximity to Hwy 427 and Kipling Transit Hub, this site has all the key attributes to deliver a successful mid-rise project under the City of Torontos new housing policies. Planning consultation material available. Please do not walk the property or speak with occupants.

Prime development opportunity on Bloor St W with potential for a larger assembly.


    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.