The subject Property represents an
increasingly rare opportunity for a
developer to secure a significant 11.26
acre future high-density redevelopment
site in an area poised for intensification.
The Vendor has engaged SVN to
develop a realistic planning rationale and
development concepts for the Property,
based on an Official Plan Amendment
to permit residential uses. Preliminary
investigations indicate that the Property
can accommodate a mixed-use
development with building heights ranging
from 5 to 18 storeys. Office uses will be
replaced 1:1, as well as the addition of 1,080
to 1,439 residential units representing a
total gross floor area in excess of 1,329,546
square feet (2.72 FSI).