
$1,500,000
About this Land
Prime development opportunity on Bloor St W with potential for a larger assembly. 3989 Bloor St W offers a 40 x 150 ft lot being sold as land only. With neighbouring sites also listed on MLS, with a potential for combined frontage of approximately 123.25 ft providing excellent scale and flexibility for redevelopment. A recently accepted settlement by the City now paves the way for implementation of new "as-of-right" development of mid-rise residential buildings on major streets. Be one of the first to seize this opportunity and build a boutique condominium, townhomes or apartment building up to 6 storeys. Featuring a wide right-of-way on Bloor, transit at the doorstep, and proximity to Hwy 427 and Kipling Transit Hub, this site has all the key attributes to deliver a successful mid-rise project under the City of Torontos new housing policies. Planning consultation material available. Please do not walk the property or speak with occupants.
Listed by ROYAL LEPAGE ESTATE REALTY.
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®: W12396606
- Type: Land
- Bedrooms: 0
- Bathrooms: 0
- Square Feet: 1,100 sqft
- Lot Size: 6,000 sqft
- Frontage: 40.00 ft
- Depth: 150.00 ft
- Taxes: $4,942.66 (2024)
- Style: Bungalow