3258 -60 Danforth AVE Active Save Request In-Person Tour Request Virtual Tour
Toronto E06,ON M1L 1C2
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 6,254 sqft
Price per Sqft $0
Subdivision Oakridge
MLS Listing ID E11176681
Annual Tax Amount $20,000
Tax Year 2023
Property Sub-Type Land
Property Description
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.
Location
Province ON
County Toronto
Community Oakridge
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 50.07
Lot Depth 125.11