Colliers International, on behalf of Fiera Capital, is pleased to offer the opportunity to acquire 507-511 Kingston Road (the “Property” or “Site”), a 14,876-square-foot redevelopment site located in Toronto’s Beaches community. The Property is Site Plan Approved for a mid-rise, 8-storey residential building, delivering 90 residential units and offering a total Gross Floor Area of 64,874 square feet with a density of 4.85 FSI. The Property offers a streamlined entry for developers, with over $2.3 million in soft costs already covered by the previous developer, significantly reducing upfront investment and expediting the development timeline. With its Site Plan Approval and favorable zoning, this is a truly ready-to-build opportunity in one of Toronto’s most sought-after locations. The surrounding condo market is experiencing strong demand, with pre-construction sales in the area reaching $1,250 per square foot. This trend, combined with the Property’s strategic location and design, underscores the development’s potential for premium pricing and high buyer interest.