240-242 Finch Avenue
Toronto C07 M2R 1M7
Canada

Property

Ownership: For Sale
Type: Land

Financials

Price:C3,900,000
($2,792,000)
(€2,501,800)
Annual Taxes:C13,673.49
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

An exceptional residential development opportunity in North York, located at 240 242 Finch Avenue West.

Description

An exceptional residential development opportunity in North York, located at 240-242 Finch Avenue West. The Property features approved plans for a four-storey, purpose-built rental building comprising 41 residential units and approximately 26,339 SF of gross floor area. With a boutique development scale, the Property offers an attractive opportunity for residential developers seeking a manageable investment with potential for future value creation. Developers may also explore opportunities to increase density and gross floor area, subject to municipal approvals. Offered through a court-appointed receivership, this opportunity is well suited to developers seeking to expand their residential portfolio in Toronto.

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.