ON > Toronto (thistletown-beaumonde Heights) > Thistletown-Beaumonde Heights
Toronto (thistletown-beaumonde Heights), ON M9V1A4,930 ALBION ROAD
Toronto (thistletown-beaumonde Heights), ON M9V1A4,930 ALBION ROAD
Toronto (thistletown-beaumonde Heights), ON M9V1A4,930 ALBION ROAD
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$6,888,000
Est. payment /mo
55,613 SqFt
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 55,613 sqft

Price per Sqft $123

Subdivision Thistletown-Beaumonde Heights

MLS® Listing ID W12233250

Source Toronto Regional Real Estate Board

Property Description

Zoned for a Mid-Rise rental building. Currently vacant land. Potential to assemble with another adjacent parcel listed for $2.9M. Great location across from Shoppers Drug Mart, Grow Fitness, Mr. Lube etc. Application already submitted for 7 storey 65 units apartment building a total of 56,000 sqft with some affordable units. No property taxes and no development fees on the affordable units. The owner already approved a government grant for $1,200,000 that can be used towards the construction of the building. There is potential to get 95% financing for the development trough the MLI select program with some of the best financing terms 45-50 yrs amortization and the lowest interest rate on the mortgage. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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