17 Rhodes Av - Residential LAND FOR SALE


Toronto, ON M4L 2Z8 10,890 SF
$5,500,000 CAD
416-709-6176

NO PHOTO

$5,500,000 CAD
Residential LAND - FOR SALE
10,890 SF

17 Rhodes Av
Toronto, ON M4L 2Z8


HIGHLIGHTS

  • Rapidly gentrifying neighbourhood with multiple developments underway
  • Transit oriented & amenity rich location
  • City staff support for proposed redevelopment
  • Redevelopment opportunity comprised of 0.253 acres of land

OVERVIEW

0.253 acres of mid-rise development land located on the North side of Queen Street East, East of Rhodes Avenue, in Toronto' s Greenwood - Coxwell neighbourhood. Rapidly gentrifying neighbourhood with multiple developments underway. Transit oriented & amenity rich location. Opportunity to construct strata, multi-family and/or affordable housing. The Vendor, in April 2022 and August 2022 respectively, submitted both their Site Plan Application and Minor Variance Submissions. Currently, the Vendor is in the process of resubmitting and inputting revisions based off final comments from City staff for the approval of a 30 unit, 25,000 square foot multi-res project with a total FSI of 2.27. The Property is currently occupied by a 2-storey building known as the Toronto Gospel Lighthouse Church, which was vacated by the congregation in 2015 and has since been used for storage for local community members.

FOR SALE DETAILS

PRICE

$5,500,000 CAD

PRICE/ACRE

$22,000,000/AC

PRICE/SF

$505 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.25 AC

LAND SF

10,890 SF

OFFSITE IMPROVEMENTS

-

ZONING

R

APN/PARCEL ID

190408317000700

ASK ABOUT THIS PROPERTY

Brennan ShierLennard Commercial RealtyMore Info
416-709-6176

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Brennan ShierLennard Commercial RealtyMore Info
416-709-6176

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.