Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Approx. Sqft 15080

Square Footage 15,080 sqft

Price per Sqft $0

Subdivision Highland Creek

MLS® Listing ID E13229314

Appx SqFt 15080

Property Description

rime Student Housing Development Opportunity Located Within 750 Metres of the University of Toronto Scarborough Campus (UTSC). Featuring 98 Ft. Frontage On Military Trail And Approximately 15,080 Sq.Ft. Of Land, This Site Is Positioned To Capitalize On The Growing Demand For Purpose-Built Student Housing In One Of Toronto's Most Undersupplied Rental Markets. Architectural Drawings Have Been Completed For A Proposed Six-Storey Student Residence . Purpose-Built Student Housing Is Eligible For CMHC-Insured Construction And Permanent Financing, Offering Investors Access To Competitive Interest Rates, Up To 95% Loan-To-Cost Financing, Extended Amortization Terms, And Stronger Project Economics.Surrounded By Ongoing Redevelopment And Minutes From UTSC, This Is A Rare Opportunity To Develop A High-Demand, Institutional-Grade Rental Asset In A Rapidly Transforming Neighbourhood. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

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Listed by CENTURY 21 KING'S QUAY REAL ESTATE INC.

Nearby School & Business

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Gail Reeves Reid

+1(416) 540-8681

Broker License ID: 9520476

1422 MILITARY TRAIL Toronto, ON M1C1A9