| An exceptional opportunity to acquire a prime corner property on the prestigious Danforth Avenue, one of Toronto's premier arterial roads that run parallel to the most populous Green Subway Line. Located just a short walk from Victoria Park Subway Station, this site is perfectly positioned to cater to high-demand tenancy. This site comes with a Committee of Adjustment approval for a seven-Storey, 25-unit building, offering excellent potential for tenancy in a high-demand area. Additionally, the property presents the potential for an eight-Storey development accommodating up to 44 units, maximizing its value and returns. Located in the heart of Scarborough, this high-yielding site is ideal for a range of development opportunities. Seize this rare chance to invest in a versatile and strategically located property. **EXTRAS** This property also offers the possibility of assembly with adjacent lots, creating an opportunity for larger-scale development projects. |
| Price | $1 |
| Taxes: | $20000.00 |
| Tax Type: | Annual |
| Occupancy: | Own+Ten |
| Address: | 3258 -60 Danforth Ave , Toronto, M1L 1C2, Ontario |
| Postal Code: | M1L 1C2 |
| Province/State: | Ontario |
| Legal Description: | LT 45 PL 1952 SCARBOROUGH; TORONTO (SCAR |
| Lot Size: | 50.07 x 125.11 (Feet) |
| Directions/Cross Streets: | Danforth Ave. and Victoria Park Ave. |
| Category: | Raw (Outside Official Plan) |
| Building Percentage: | Y |
| Total Area: | 6254.00 |
| Total Area Code: | Sq Ft |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Days Open: | V |
| LLBO: | N |
| Rail: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Part |
| Elevator Lift: | None |
| Sewers: | San+Storm Avail |
| Water: | Municipal |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 TITANS REALTY INC. |
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| Book Showing | Email a Friend |
| Type: | Com - Land |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Oakridge |
| Lot Size: | 50.07 x 125.11(Feet) |
| Tax: | $20,000 |