Toronto E02 M4L 1S6
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C4,500,000
($3,218,400)
(€2,775,200)
Annual Taxes:C41,004.11
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone:

Highly visible corner property in Toronto's east end, featuring an approx.

Description

Highly visible corner property in Toronto's east end, featuring an approx. 1,817 sq. ft. freestanding building with three service bays and exceptional exposure along Kingston Rd and Orchard Park Blvd. Currently leased to an automotive user, the property provides in-place income while offering significant future repositioning and redevelopment potential.The site is zoned CR 2.0 (c0.5; r2.0) SS2 (x1579), permitting a broad range of commercial, residential, mixed-use, service, and automotive-related uses, subject to purchaser verification. The property also benefits from an advanced entitlement-stage boutique residential development concept for a proposed 56-suite mid-rise building totaling approximately 42,236 sq. ft. of gross floor area.Situated within an established east-end Toronto neighbourhood, the offering presents a rare opportunity to acquire a prominent corner site with both near-term cash flow and long-term development upside.Property being sold on an "as-is, where-is" basis. Purchasers are responsible for verifying all measurements, zoning, permitted uses, approvals, lease information, income, and development potential.

Amenities

  • Available

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.