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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RIGHT AT HOME REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Land |
Area: | Toronto |
Municipality: | Toronto W10 |
Neighbourhood: | Thistletown-Beaumonde Heights |
Tax: | $18,897 |
Fireplace: | N |