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$ 4,098,000
Est. payment | /mo
9,106 SqFt
$ 4,098,000
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 $450
Subdivision Mount Pleasant East
MLS Listing ID C12405523
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 ona month-to-month basis. The existing buildings include a legal triplex and a detached bungalow, together providing a total of four legal rental units.
Location
Province ON
County Toronto
Community Mount Pleasant East
Area Toronto
Rooms
Kitchen 0
Exterior
Utilities Available Yes
Lot Frontage 54.78
Lot Depth 166.24
Listed by BOSLEY REAL ESTATE LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN