416-359-2352
27-29 Parkcrest Dr, Toronto, ON for Sale
Residential LAND - FOR SALE
1/15
89,734 SF

27-29 Parkcrest Dr
Toronto, ON M1M 3S5
Scarborough Village


HIGHLIGHTS

  • Approved for 4-storey, 222-unit apartment development with zoning and site plan in place.
  • Located in Scarborough Village, offering walkable retail, transit access, and natural amenities.
  • Close to Eglinton GO Station, Kennedy Subway Station, and major highways for regional connectivity.
  • Strong growth forecast for Toronto underscores long-term demand for housing intensification.

OVERVIEW

The property presents an opportunity for partnership or outright sale of an approved residential development site in Scarborough Village, Toronto. It is fully zoned and approved for a 4-storey, 222-unit apartment-style development with a total gross floor area of 157,099 sq. ft. The design includes five blocks of stacked and back-to-back townhouses, complemented by 100 parking spaces in a one-level underground garage. Unit sizes range from 444 sq. ft. to 984 sq. ft., with a mix of one-, two-, and three-bedroom layouts. The site benefits from proximity to Kingston Road, Eglinton GO Station (2.4 km), Kennedy Subway Station (5 km), and major highways, ensuring strong connectivity. The surrounding area offers abundant retail, fitness, and recreational amenities, including Scarborough Bluffs, Sylvan Park, and the Scarborough Village Recreation Centre. The Greater Toronto Area is forecasted to grow by 41.3% by 2046, highlighting demand for housing intensification.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

2.06 AC

LAND SF

89,734 SF

OFFSITE IMPROVEMENTS

-

ZONING

RM (X440)

APN/PARCEL ID

064030062,064030063

ASK ABOUT THIS PROPERTY

Daniel RogersCushman & WakefieldMore Info
416-359-2352

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Daniel RogersCushman & WakefieldMore Info
416-359-2352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.