RARE MIXED USE REDEVELOPMENT SITE.


Property

Website:https://www.nestseekers.com/5438435
Address:
Toronto E04 M1K 1L6
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C4,999,999
($3,670,200)
(€3,129,300)
Annual Taxes:C14,687

Description

RARE MIXED-USE REDEVELOPMENT SITE. High-traffic corner property with versatile commercial/residential zoning. Lot size 60 x 100 ft. Includes a registered right of way over ten adjacent parcels (3539-3557 St. Clair Ave E) allowing curb ramp access, three ingress/egress points, and rights to use surface parking. Comes with 20 owned parking spaces.Walking distance to the future Scarborough GO Station. Excellent visibility and exposure. Interior features 20-ft ceilings and two flexible enclosures-ideal for retail, showroom, or future buildout. Outstanding opportunity for a purpose-built mixed-use development.Area is set for major growth with 15,000+ new residential units planned, plus the 5.6M sq. ft. Scarborough Junction Master Plan. Adjacent land assembly potential (approx. 40,246 sq. ft. combined). Right-Of-Way may be voluntarily released in the event of redevelopment. Seller is motivated. Fantastic investment potential!

Amenities

  • Public Transit

Contact

505 Park Ave, New York, NY 10022