468 Winona Dr - Residential LAND FOR SALE


Toronto, ON M6C 3T7 20,909 SF
$29,500,000 CAD
416-901-8881
468 Winona Dr, Toronto, ON for Sale
$29,500,000 CAD
Residential LAND - FOR SALE
1/3
20,909 SF

468 Winona Dr
Toronto, ON M6C 3T7


HIGHLIGHTS

  • Ideal location for rental development
  • Supported by municipal policies
  • Detailed feasibility studies available

OVERVIEW

The land zoning originally included Rental Building and it is surrounded by Four high Demand Rental Complexes. Hence the previously approved townhouse project is no longer the Highest and Best Use of the land. The Land has been Appraised at $25,100,000 in 2023, mirroring its value with respect to the Proposed Development. According to the Appraisal Report, the completed building will generate over $5,500,000 Rental Income per year.

FOR SALE DETAILS

PRICE

$29,500,000 CAD

PRICE/ACRE

$61,457,745/AC

PRICE/SF

$1,411 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Single Family Development

LAND ACRES

0.48 AC

LAND SF

20,909 SF

OFFSITE IMPROVEMENTS

-

ZONING

RM

APN/PARCEL ID

191402124007900,191402124008000

ASK ABOUT THIS PROPERTY

Sharon SoltanianSoltanian Real EstateMore Info
416-901-8881

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Sharon SoltanianSoltanian Real EstateMore Info
416-901-8881

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