Toronto C12 M2P 1N6
Canada

Property

Ownership: For Sale
Type: Land
Pets: No Pets Allowed

Financials

Price:C10,900,000
($7,917,542)
(€6,737,187)
Annual Taxes:C116,118
505 Park Ave, New York, NY 10022

Signature development opportunity on prestigious Yonge Street just north of York Mills.

Description

Signature development opportunity on prestigious Yonge Street just north of York Mills. This 0.8-acre lot (Pin 101030158 & 101030225) in the coveted St. Andrew-Windfields community is about 350 m to the York Mills Subway station, ~500 m to Highway 401, and offers easy access to North York Centre, Midtown and Downtown Toronto. The site has been rezoned and approved in place for an 11-storey, 30-unit luxury condominium comprising roughly 88,800 ft of residential GFA. Plans also support an alternative multi-unit rental apartment concept, highlighting the flexibility and potential upside for developers and investors.Surrounded by established high-income neighbourhoods and minutes to North York Centre, top schools, and TTC/GO transit connections, this prime property offers outstanding connectivity and amenities. Whether you're looking to create an upscale condo or introduce much-needed rental supply, this site provides the perfect canvas for your next project. Buyer to conduct their own due diligence regarding development options and financing; property is under Power of Sale and being sold "as-is" with existing approvals in place.

Amenities

  • 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.