• Vendu
For Sale: Retail Plaza with Prime Redevelopment Potential on Sheppard Avenue West
Colliers Macaulay Nicolls Inc. (“Colliers”) has been retained as exclusive agent of 824 Sheppard Avenue West, 177, 179 & 181 Cocksfield Avenue (collectively the “Property” or “Site”), an exciting ± 1.19 acre site in the heart of North York. This transit oriented retail plaza has significant mid-rise, mixed-use development potential located on the north side of Sheppard Avenue West with continuation to frontage directly on Cocksfield Avenue. This retail plaza boasts a sizable parcel of land of 106’ of frontage on Sheppard Avenue West, 151’ along Cocksfield Avenue and over 403’ of depth. The site situated along one of the most active “Avenues” in North York, only 3 blocks from the Sheppard West Subway station.

The scarcity of sizeable mixed-use development sites along Sheppard Avenue West showcasing this Site as a truly unique opportunity in one of North York’s strongest and fastest growing residential submarkets. The site features favorable mixed-use official plan designation that permits the development of a unique mid-rise project. The Property offers a potential of ±221,737 buildable square feet according to massings completed by Bousfields Inc. at 4.39 FSI and 12 Storeys. Ideally situated at the convergence of several popular neighborhoods, the Property will offer the vibrancy and amenities of Downtown Toronto combined with accessibility of North York and short proximity to major highways. The immediate neighborhood continues to experience incredible residential demand as well as development applications, which is highlighted by the rapid absorption of new units hitting the market. As a result, 824 Sheppard Avenue West, 177, 179 & 181 Cocksfield Avenue presents developers with the opportunity to capitalize on these favorable market conditions.

Détails sur la propriété

  • 04/01/2020
  • 824 Sheppard Ave W & 177, 179, 181 Cocksfield Ave