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$8,300,000
Available - For Sale
Listing ID: W12233250
930 Albion Road , Toronto, M9V 1A4, Toronto


Zoned for a Mid-Rise rental building. Currently vacant land. Potential to assemble with another adjacent parcel listed for $2.9M. Great location across from Shoppers Drug Mart, Grow Fitness, Mr. Lube etc. Application already submitted for 7 storey 65 units apartment building a total of 56,000 sqft with some affordable units. No property taxes and no development fees on the affordable units. The owner already approved a government grant for $1,200,000 that can be used towards the construction of the building. There is potential to get 95% financing for the development trough the MLI select program with some of the best financing terms 45-50 yrs amortization and the lowest interest rate on the mortgage.
Price $8,300,000
Taxes: $18897.00
Tax Type: Annual
Assessment Year: 2024
Occupancy: Vacant
Address: 930 Albion Road , Toronto, M9V 1A4, Toronto
Postal Code: M9V 1A4
Province/State: Toronto
Legal Description: ETOBICOKE CON B FTH PT LOT 32 RP 66R3205
Directions/Cross Streets: Islington and Albion
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Category: Designated
Total Area: 55613.20
Total Area Code:  Square Feet
Washrooms: 0
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Com - Land
Area: Toronto
Municipality: Toronto W10
Neighbourhood: Thistletown-Beaumonde Heights
Style:
Lot Size: x 78.00(Feet)
Approximate Age:
Tax: $18,897
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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