Toronto W10 M9W 6K5
Canada

Property

Ownership: For Sale
Type: Land

Financials

Price:C5,500,000
($4,022,500)
(€3,435,700)
Annual Taxes:C35,847.32
505 Park Ave, New York, NY 10022

750 Queens Plate Drive presents an exceptional opportunity to acquire a proposed high rise residential development site of nearly half an acre in Toronto's Woodbine District.

    Description

    750 Queens Plate Drive presents an exceptional opportunity to acquire a proposed high-rise residential development site of nearly half an acre in Toronto's Woodbine District. The property is advancing through Zoning By-Law and Site Plan Approval applications that envision a 17-storey condominium tower comprising 152 residential units and a total gross floor area (GFA) of approximately 129,651 square feet, achieving a density of 6.09 FSI. The Property is strategically positioned within the Woodbine District, a rapidly transforming node defined by the ongoing reinvestment in the Woodbine Racetrack and Casino and the presence of major anchors such as Woodbine Mall, Etobicoke General Hospital, and Humber College. This concentration of amenities, coupled with immediate access to Highways 27, 401 and 427 and proximity to Toronto Pearson International Airport, ensures connectivity for future residents. Additionally, the future Woodbine GO Station on Metrolinx's Kitchener Line is now under construction and will be only a five-minute drive from the Property. With planning momentum already underway, 750 Queens Plate Drive offers investors a rare opportunity to acquire a prime infill site in one of Toronto's most active centres of growth, at a time when major institutional and commercial reinvestment is reshaping the surrounding area. This property is being offered under the Power of Sale process.

    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.