Zoning Approval for 223 Units, Potential to Increase to 288 Units
The NOAC approval allows for an immediate launch of sales, arguably saves many years of work and with the alternative potential scheme to intensify and increase in unit count, tremendous amounts of capital investment returns are anticipated.
The land is located at the southeast corner of Tapscott Road and McLevin Avenue. It has been granted Apartment Residential (A) Exception 29 under Malvern Zoning By-law, allowing for multi-family dwellings. The development provides meaningful scale that is situated in an area that with mere minutes offers access to incredible schools, amenities, grocery and general shopping, community spaces and transit options, the Property presents an exciting residential development opportunity to maximize all that the area has to offer.
- 165 Tapscott Road