Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C4,888,000
($3,440,300)
(€3,015,900)
Annual Taxes:C25,099
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Rare Kingston Road Investment Development Land Banking Opportunity In Scarborough's West Hill Community.
Description
Rare Kingston Road Investment / Development / Land Banking Opportunity In Scarborough's West Hill Community. Approx. **21,441.69 Sq. Ft. / 0.492 Acres** With **196 Ft Frontage** On Prime Kingston Rd. Property Benefits From **Commercial Residential (CR) Zoning**, Mixed Use Land Use Designation, And Kingston Road Avenue Revitalization Context. Existing Long-Standing Auto Dealership Use With Grandfathered Used Car Sales Lot Characteristics, Offering Rare Appeal For Automotive Operators, Owner-Users, Developers, Land Bankers, And Investors. Site Includes Sales/Service Structure, Former Car Wash Structure, And Large Paved Display/Storage Area. Clean Phase I And Phase II ESA Reports Available. Excellent Location Near U Of T Scarborough, Centennial College Morningside Campus, Guildwood GO, Hwy 401, Major Retail, Parks, And Established Residential Communities. Nearby Kingston Rd Developments Demonstrate The Corridor's Ongoing Intensification, Including 4569 Kingston Rd And 4630 Kingston Rd. Potential Future Mixed-Use, Condo, Rental, Or Commercial/Residential Redevelopment To Be Verified By Buyer And Subject To City Approval, Zoning, Site Plan Approval, And Building Permits. Seller Leaseback Option Available For Buyers Seeking Interim Holding Income While Exploring Future Development.
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.