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$ 4,198,000
Est. payment | /mo
9,106 SqFt
$ 4,198,000
Est. payment | /mo
9,106 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 9,106 sqft
Price per Sqft $461
Subdivision Mount Pleasant East
MLS Listing ID C12214534
Annual Tax Amount $12,777
Tax Year 2024
Property Sub-Type Land
Property Description
An outstanding opportunity to acquire a fully approved residential redevelopment site with a Gross Floor Area of 15,315 square feet. Located on a highly sought-after street and a 5 minute walk to the new Mt. Pleasant Subway Station and close to amenities, including Yonge Street, Eglinton, TTC transit, schools, parks, and more. The approved proposal includes the construction of a 4-storey, 14-unit residential apartment building, featuring 14 vehicular parking spaces and a Floor Space Index (FSI) of 1.43.All municipal and planning approvals have been secured. The offering consists of two fully tenanted residential properties, currently generating strong holding income on a month-to-month basis. The existing buildings include a legal triplex and a detached bungalow, together providing a total of four legal rental units. Properties are also being sold separately on MLS.
Location
Province ON
County Toronto
Community Mount Pleasant East
Area Toronto
Zoning See Rezonong Attached to Listing
Rooms
Kitchen 0
Exterior
Utilities Available Yes
Lot Frontage 54.78
Lot Depth 166.24
Listed by BOSLEY REAL ESTATE LTD.
LSV GROUP
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