Eastern & Gilead Block - 449 King Street East, 19 Pemberton Street, 2 & 4 Gilead Place, 101 Trinity St, 10, 10R, 12A and 14 Eastern Ave, Toronto ON (the “Property”) is an exciting opportunity to continue the revitalization of Corktown, a highly desirable area for growth. Corktown is regarded as a unique, small scale, fine grained community consisting generally of small properties, including several heritage buildings. The area is continuing to gentrify and infill development is encouraged. It is one of the City of Toronto’s oldest neighbourhoods but has welcomed many new developments, restaurants, stores and cafes. With a total land area of 39,361 square feet, the Property is a well-positioned corner lot in a submarket that has experienced significant growth in recent years. The City has encouraged reinvestment in the area for a mixture of uses that reinforces the historic built form and public realm, while ensuring development is compatible and complementary to the existing built form character and scale of the area.
- Sold March 2022