Strategic land opportunity in the heart of Etobicoke’s rapidly intensifying Islington City Centre West. Prime corner lot measuring 67.48 ft by 131.43 ft (8,869 SF) offers immediate development potential in a high-demand residential market. Can provide for the construction of 7 luxury townhomes, with a total proposed gross floor area of 14,260 SF. Site Plan Approved.
Existing income on the property from the residential tenant in place offers the opportunity to investors or developers interested in pursuing a larger development, with as-of-right zoning allowing 6 storeys and up to 60 units subject to City approval.
With an ideal balance of accessibility and suburban appeal, the site offers a turnkey development option with significant upside perfect for boutique and infill developers seeking value.