Toronto E02 M4C 1J2
Canada

Property

Ownership: For Sale
Type: Land

Financials

Price:C2,499,000
($1,766,200)
(€1,540,100)
Annual Taxes:C20,537
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone:

The Hard Part Is Already Done.

    Description

    The Hard Part Is Already Done. Now It's Your Turn to Build.How often does a fully rezoned, shovel-ready site come to market on one of Toronto's busiest, most loved avenues - with every approval, every study, and every engineering question already answered for you? This is that site.While other developers are still waiting on planning approvals, fighting OLT appeals, or gambling on whether their rezoning will ever see daylight - you could already be moving into design development. The City of Toronto passed the zoning by-law for this property back in 2023. The appeal window closed. Nobody challenged it. It is final, binding, and yours to build on.No more waiting years for a planning decision. No more burning capital on holding costs while City Council deliberates endlessly. No more sleepless nights wondering whether your project will get approved. The runway is clear. The 16-unit, 7-storey mixed-use building with ground-floor retail is already entitled - you can start designing tomorrow. The geotechnical engineer has confirmed - in writing, stamped and signed - the Phase 2 Environmental Assessment is complete. The traffic study is complete. The Avenue Road study is complete. Someone already did the expensive, time-consuming work - and now you get to skip straight to building something real.This is a Major Transit Station Area. Coxwell subway is a five-minute walk away. The demographic surrounding this site is exactly who you want renting your units: young professionals, university-educated, high income, people who actively choose walkable, transit-connected living over a car-dependent suburb. They are already living next door, already lining up to move to the Danforth. You just need to give them somewhere to land. A respected architecture firm has already test-fit the site and proven the massing works - ten well-proportioned two-bedroom units, an efficient 3.71 FSI, a building that pencils on paper before you've spent a dollar of your own design budget.

    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.