An outstanding opportunity to acquire a fully approved residential redevelopment site with a Gross Floor Area of 15,315 square feet. Located on a highly sought-after street and a 5 minute walk to the new Mt. Pleasant Subway Station and close to amenities, including Yonge Street, Eglinton, TTC transit, schools, parks, and more. The approved proposal includes the construction of a 4-storey, 14-unit residential apartment building, featuring 14 vehicular parking spaces and a Floor Space Index (FSI) of 1.43.All municipal and planning approvals have been secured. The offering consists of two fully tenanted residential properties, currently generating strong holding income on a month-to-month basis. The existing buildings include a legal triplex and a detached bungalow, together providing a total of four legal rental units. Properties are also being sold separately on MLS. (id:51018)
| MLS® Number | C12214534 |
| Property Type | Vacant Land |
| Neigbourhood | Don Valley West |
| Community Name | Mount Pleasant East |
| Parking Space Total | 14 |
| Size Interior | 9107 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 166 Ft ,2 In |
| Size Frontage | 54 Ft ,9 In |
| Size Irregular | 54.78 X 166.24 Ft |
| Size Total Text | 54.78 X 166.24 Ft |
| Zoning Description | See Rezonong Attached To Listing |
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