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3258 -60 Danforth Avenue, Toronto, ON M1L 1C2
Oakridge, Toronto,
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TRREB.
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.
- HoldoverDays: 120
- Property Type: Commercial
- Property Sub Type: Land
- Tax Year: 2023
- Cooling: Partial
- HeatType: Other
- Sewer: Sanitary+Storm Available
- Building Area Total: 6254
- Building Area Units: Square Feet
- Parcel Number: 064600189
- LotSizeUnits: Feet
- LotDepth: 125.11
- LotWidth: 50.07
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