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$1
Available - For Sale
Listing ID: E11176681
An exceptional opportunity to acquire a prime corner property on the prestigious Danforth Avenue, one of Toronto's premier arterial roads that run parallel to the most populous Green Subway Line. Located just a short walk from Victoria Park Subway Station, this site is perfectly positioned to cater to high-demand tenancy. This site comes with a Committee of Adjustment approval for a seven-Storey, 25-unit building, offering excellent potential for tenancy in a high-demand area. Additionally, the property presents the potential for an eight-Storey development accommodating up to 44 units, maximizing its value and returns. Located in the heart of Scarborough, this high-yielding site is ideal for a range of development opportunities. Seize this rare chance to invest in a versatile and strategically located property. **EXTRAS** This property also offers the possibility of assembly with adjacent lots, creating an opportunity for larger-scale development projects.
Price $1
Taxes: $20,000
Tax Type: Annual
Occupancy by: Own+Ten
Address: 3258 -60 Danforth Ave , Toronto, M1L 1C2, Ontario
Postal Code: M1L 1C2
Province/State: Ontario
Legal Description: LT 45 PL 1952 SCARBOROUGH; TORONTO (SCAR
Lot Size: 50.07 x 125.11 (Feet)
Directions/Cross Streets: Danforth Ave. and Victoria Park Ave.
Zoning: CR3.5(c3.5;r3*81
Category: Raw (Outside Official Plan)
Building Percentage: Y
Total Area: 6,254
Total Area Code:  Sq Ft
Financial Statement: N
Chattels: N
Franchise: N
Days Open: V
LLBO: N
Rail: N
Heat Type: Other
Central Air Conditioning: Part
Elevator Lift: None
Sewers: San+Storm Avail
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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CENTURY 21 TITANS REALTY INC.

3258 -60 Danforth Ave , Toronto, M1L 1C2, Ontario

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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Type: Com - Land
Area: Toronto
Municipality: Toronto
Neighbourhood: Oakridge
Style:
Lot Size: 50.07 x 125.11(Feet)
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Tax: $20,000
Maintenance Fee: $0
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949