• À vendre
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity
For Sale:  Investment & Re-Development Opportunity

À vendre

$7,000,000 CAD

Colliers International (“Colliers” or “Advisor”) on behalf of 1291937 ONTARIO INC (the “Vendor”) is pleased to offer for sale a 100% freehold interest in 4626 Kingston Road, Scarborough Ontario (the “Property” or “Site”), a sizable 0.83 acre redevelopment site exceptionally well-located at the northeast intersection of Morningside Avenue and Kingston Road. The Property is strategically situated just north of Kingston Road, with easy access to Highway 401 East, and directly south of University of Toronto Scarborough.

With Scarborough submarket a proven value-based residential market with 8 active condominium projects featuring an average price of $775 per square foot, with an average unit price of $561,067, while resale condo rentals sit at an average $3.00 per square foot per month. The Site’s strategic position and configuration offers an excellent opportunity to create a mixed-use multi-purpose development at the entrance to one of the most up and coming neighbourhood in Scarborough.

Détails sur la propriété