2761 Kingston Rd - Residential LAND FOR SALE


Toronto, ON M1M 1M8- Cliffcrest15,682 SF
$5,495,000 CAD
2761 Kingston Rd, Toronto, ON for Sale
$5,495,000 CAD
Residential LAND - FOR SALE
1/1
15,682 SF

2761 Kingston Rd
Toronto, ON M1M 1M8
Cliffcrest


HIGHLIGHTS

  • Approved for 68,981 GFA of residential within 10-storeys, with 4,661 square feet of retail space at grade
  • Appealing boutique site suitable for both condominium and purpose-built rental
  • Scenic south facing water views of Lake Ontario
  • Desirable transit connectivity – 5-minute drive to Scarborough GO Station

OVERVIEW

The subject property at 2759-2763 Kingston Road & 52 St Quentin Avenue is currently demised into three separate lots with two consisting of mixed-use retail and one single family home. The site is fully approved for a 10-storey boutique mid-rise building with 95 units with 73,642 ft²,of gross floor area, 4,661 ft² of retail and 2 levels of underground parking. The future development will offer south-facing, unobstructed views of Lake Ontario. These south facing units will offer a premium on the open market. The project is suitable for either conventional condominiums or purpose-built rental. There are currently 9 rental dwelling units and 2 retail units with 1 vacancy. The residential unit's average 726 ft², neatly fitting into the existing local residential market. (See attached OM available to view on CoStar) **Please contact Sales Representative for additional information**

FOR SALE DETAILS

PRICE

$5,495,000 CAD

PRICE/ACRE

$15,263,500/AC

PRICE/SF

$350 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

2759-2763 Kingston Road

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use

LAND ACRES

0.36 AC

LAND SF

15,682 SF

OFFSITE IMPROVEMENTS

-

ZONING

CR 0.4

APN/PARCEL ID

190107116002800

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