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$7,495,000
Est. payment /mo
6 Baths
13,875 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 13,875 sqft
Price per Sqft $540
Subdivision High Park-Swansea
MLS Listing ID W12472463
Annual Tax Amount $22,079
Tax Year 2025
Property Sub-Type Investment
Lot Depth 150.0
Lot Front 95.0
Property Description
Development opportunity within the heart of Toronto's west Roncesvalles community. A two adjacent lot site located just south of Bloor and Dundas with over 95 ft of "Major Street" frontage and situated on over 13,000 sq ft of land makes this property an ideal redevelopment potential for purpose built multi residential. Located within Toronto's newly implemented Major Streets initiative providing an as-of-right intensification, under the new performance standards, for up to 6 storeys and 60 units. This property is an ideal opportunity for any investors/developer looking to acquire a premium site for future development while at the same time benefiting from existing holding income. Currently the site consists of two residential properties-1. Legal 4 plex and 2. A single family detached home. Both properties combined have over 10,000 sq ft of living space with ample outdoor parking, strong financials and partially updated mechanicals and unit upgrades.
Location
Province ON
County Toronto
Community High Park-Swansea
Area Toronto
Zoning R(d0.6*290)
Interior
Cooling Partial
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 95.0
Lot Depth 150.0
Others
Security Features No
ParcelsYN No
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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