
$3,499,000
About this Land
Power of sale residential development opportunity in the vibrant Garden District. This vacant 4,050 sq. ft. lot comes with approved zoning and a minor variance allowing for the construction of a four-storey, 28-unit residential building totaling 14,328 sq. ft. of gross floor area. The proposed development includes a green roof, rooftop amenity space, and bike storage areas, with no requirement for vehicular parking. Ideally situated in the Moss Park neighborhood, the property boasts a 97 Walk Score, offering convenient access to TTC transit, Allan Gardens, universities, hospitals, shops, and restaurants. The surrounding area features a mix of heritage homes, mid-rise buildings, and new infill developments, making this site especially appealing for student housing or micro-suite rentals. This is an excellent opportunity for developers looking to invest in Toronto's downtown intensification.
Listed by VANGUARD REALTY BROKERAGE CORP..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
Features
- MLS®: C12229390
- Type: Land
- Bedrooms: 0
- Bathrooms: 0
- Lot Size: 4,580 sqft
- Frontage: 30.49 ft
- Depth: 150.22 ft
- Taxes: $16,348.63 (2024)