Toronto C08 M5A 1S7
Canada

Property

Ownership: For Sale
Type: Land

Financials

Price:C8,950,000
($6,307,900)
(€5,539,900)
Annual Taxes:C164,594.25
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone:

An exceptional opportunity to acquire a prime redevelopment site in the heart of Toronto's Queen Street East corridor.

    Description

    An exceptional opportunity to acquire a prime redevelopment site in the heart of Toronto's Queen Street East corridor. A development scheme has been prepared for the site contemplating an 18-storey mixed-use residential tower through lot combination, with an FSI of 12. The proposed scheme includes approximately 130,920 sq ft of GFA, 175 units, and 2,250 sq ft of ground-floor retail, with 17 parking spaces. Previously operating as an event venue, the property offers potential holding income if re-leased while a purchaser advances through the approval process. Situated at the corner of Queen Street E and Berkeley Street, the site benefits from excellent transit access, strong neighbourhood amenities, and continued intensification pressure in the surrounding area. This property is being offered for sale by way of receivership.

    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.