Prime Development Opportunity. 80 ft x 150 ft. Situated on a major street where recent by-law changes now allow as-of-right apartment buildings up to 6 storeys with 60 units. Additional development options, such as townhouses, multiplexes or garden suites could be considered, subject to approvals. Unbeatable location with a bus stop at your doorstep, ensuring convenience and accessibility for future residents. Conveniently located between Hwy 427 and Kipling. This location aligns with the City of Torontos Missing Middle housing initiative. Located in a rapidly intensifying area near Kipling Transit Hub and Hwy 427, with strong city support for high-density projects and rising land values.
MLS# | W11977314 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 64 |
Listing Provided By | ROYAL LEPAGE ESTATE REALTY | W11977314 045002 |
SQ Feet | 12,000 |
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Acreage | 0.28 |
Province | ON |
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County | Toronto |
City | Toronto W08 |
Postal Code | M9B 1M2 |
Area | Islington City Centre West |
Listing VS Median (In M9B 1M2) | |
Price: $2,999,999 low | high Med: $2,999,999 SqFt: 12,000 low | high Med: 12,000 $ / SqFt: $250 low | high Med: $250 On site: 64 low | high Med: 64.000000 |