0.61-acre land parcel that is price for approximately 500,000 sq. ft of residential density and improved with an existing 76-unit apartment building and underground garage with 66 stalls. an investor is presented tremendous upside through intensification of the Site through rezoning on the back recent height precedents achieved in the area an policy advancements. Meaningful income in place with market rent and operating upside. Proximity to Bloor-Yorkville, Cabbagetown, Downtown, Financial Core and University districts. The future redevelopment of the Property is contingent on Rental Demolition Applications and compliance with applicable rental replacement considerations and the Residential Tenancies Act.
