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.