ZONED DEVELOPMENT SITE

Description

ZONED DEVELOPMENT SITE (GFA: 54,000 SF): Prominently located in the heart of Port Credit, the Property presents the unique opportunity to acquire an OLT Approved 10,000 sf mid-rise development site within one of the GTA’s most sought after locations. Approved for an 8-storey, 54,000 sf mixed-use residential building, the Property is positioned steps from the Port Credit GO, Hurontario LRT Station and MiWay bus stop, providing for tremendous transit connectivity, with Downtown Toronto, City Centre and Pearson Airport accessible within a 35 minute commute. Enjoy the many amenities of Port Credit with the marina, waterfront trails, parks, restaurants and boutiques all located within a short walking distance.

Positioned within the affluent Port Credit node, the Property is suitable for either a condo or rental development. Site Plan has not been submitted providing the Purchaser with flexibility to influence the final development. Full Data Room available upon submission of NDA (attached).**** EXTRAS **** Opportunity exists to execute short term lease with current tenant to provide interim holding income in advance of construction. (34759126)