At 1.73 acres, this parcel boasts an impressive 219 feet of frontage along Glen Watford Drive. The previous owner had demolished the retail plaza that had occupied the site, allowing for the Purchaser to move forward with a development upon approvals. The Receiver has engaged Weston Consulting to produce a highest and best use study planning rationale and massing which allows for two towers, 12-storeys and 23-storeys, connected with a 3-storey base building. The overall Gross Floor Area (GFA) of 413,291 SF of density will provide approximately 386 residential units for the neighbourhood. The Property presents an opportunity to acquire a prime development site that is transit-oriented in a gentrifying part of Toronto. 25 Glen Watford Drive is located adjacent to an abundance of community-centric institutions, including the Agincourt Institute Collegiate, Agincourt Arena, Agincourt Tennis Club, providing future residents of the development access to an abundance of amenities nearby including a Walmart, Costco, Shoppers Drug Mart, banks & more.