290 Morningside Ave - Commercial LAND FOR SALE


Toronto, ON M1E 3E9- West Hill31,799 SF
$2,400,000 CAD
290 Morningside Ave, Toronto, ON for Sale
$2,400,000 CAD
Commercial LAND - FOR SALE
1/3
31,799 SF

290 Morningside Ave
Toronto, ON M1E 3E9
West Hill


HIGHLIGHTS

  • Massing Concept for an 8 Storey Mid Rise with 82,044 SF of GFA
  • Favourable Rental Pricing
  • Within 1.5km of Scarborough GO
  • Amenities within Walking Distance

OVERVIEW

The site is situated at 290 Morningside Avenue, at the intersection of Morningside Avenue, Kingston Road, and Lawrence Avenue East within a well-established and evolving Scarborough corridor. The Site comprises approximately 31,861 SF (0.73 acres) and is surrounded by a mix of medium-density apartment buildings and condominium developments, alongside institutional uses and growing commercial amenities reflective of ongoing intensification in the area. The Property benefits from immediate access to major retail nodes including Kingston Square, Kingston Square West, and Morningside Crossing, collectively offering over 300,000 SF of retail within walking distance, as well as strong connectivity to arterial roadways and public transit. Guildwood GO Station is located approximately 2.1 km away, providing efficient access to downtown Toronto via the Lakeshore East line within a short commute. From a development perspective, the Site presents a compelling residential intensification opportunity, supported by a massing study prepared by Memar Architects envisioning an 8-storey residential rental building comprising approximately 82,044 square feet of Gross Floor Area (GFA), demonstrating achievable density and positioning the Property for long-term value creation.

FOR SALE DETAILS

PRICE

$2,400,000 CAD

PRICE/ACRE

$3,287,671/AC

PRICE/SF

$75 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

0.73 AC

LAND SF

31,799 SF

OFFSITE IMPROVEMENTS

-

ZONING

RAC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sunny HayerColliersMore Info

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

Sunny HayerColliersMore Info

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