Downtown Toronto Residential Development Opportunity, Toronto, Ontario Toronto ON CA

CAD 8,800,000
For Sale

Property Details

Bedrooms

1

Bathrooms

1

Neighborhood

Financial District

Property Type

Residential

Description

A rare opportunity to acquire a 22,593 sf (0.519 acre) residential development site west of Downtown Toronto in a growing neighbourhood seeing strong intensification. The Property is currently improved with a former church building, gated parking lot and 2 semidetached townhouses. The large site has a 200 ft frontage on Pauline avenue and 113 ft of frontage onto the xxx at the south of the site. The site’s public lane way access is ideal for residential development construction and access for future utility and waste management services. The neighbourhood is highly accessible via public transit with the Dufferin Subway station located 200m to the east and multiple bus routes operating on both Bloor Street West and Dufferin Street. With a growing need for intensification along transit corridors, the area will see some large scale development. Notably, the massive mixed-use redevelopment at 1141 Bloor Street West, just south of the Property is currently underway. The project will develop residential, commercial, and institutional space on the site including 6 towers ranging from 11 to 37 storeys and over 2,000 residential units.

Property Details Site area: 22,593 sf (0.519 acre)

Building Area (Above Grade): Former Church & Hall - 8,493 sf 2 Vacant Houses - 1,585 sf each

Year Built: 1912-1914

Frontage 200 ft on Pauline Ave 113 ft on xxx

Official Plan Neighbourhoods

Zoning Residential (R d0.6 x740) Find out more about this property. Request details here

Location

Address

Downtown, Toronto, Ontario, Canada

City

Toronto

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