Land For Sale • 1.02 AC
Location Potential: This site is 350 meters from the intersection of Keele Street and Lawrence Avenue, within walking distance to North Park Plaza and just minutes away from highway 401 W and 401 E. This location is also conveniently located 5 minutes from Yorkdale Shopping Centre, by car. Zoning: The zoning currently holds the he entitlement to build up to 4 stories, with potential for up to 6 stories. Financing: This site could be eligible for CMHC's affordable housing initiatives, providing a significant advantage with options for up to 95% construction cost financing and a 50-year amortization period. For further details, please refer to the CMHC Affordable Housing Fund. High Level Planning: A high-level planning report is available, offering insights into the construction prospects, including 3 fourplexes and 3 garden suites. Ample Space: With a total site area of 44,293 square feet and an impressive frontage of 136 feet, the site has ample room for development, with significant upside opportunities.
Access to Highway 400 and Highway 401, |
Walking distance of grocery stores, restaurants and shopping centres. |
Total site area of 44,293 SF. |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Weston Go (Kitchener - UP Express, Union Pearson Express - UP Express) | 5 min | - | 2.3 mi |
Downsview Park Go (Barrie - GO Transit) | 10 min | - | 4.0 mi |
Airport | Drive | Walk | Distance |
Billy Bishop Toronto City Airport | 24 min | - | 9.3 mi |
Toronto Pearson International | 25 min | - | 13.3 mi |