Located across from the University of Toronto Scarborough (UTSC), this offering presents a rare opportunity for developers and investors to participate in the growing purpose-built student housing sector in Toronto. The 0.85-acre site fronts Ellesmere Road and benefits from unmatched proximity to the UTSC campus, which serves over 15,100 students. The surrounding area includes Centennial College’s Morningside Campus, the Toronto Pan Am Sports Centre, and convenient connections to Highway 401, GO Transit, and TTC services, ensuring strong long-term demand drivers. Significant planning progress has already been made. The vendor has submitted Official Plan and Zoning By-law Amendment applications for a proposed mid-rise, 11-storey mixed-use building totaling 194,285 SF of gross floor area. The proposed concept includes 180 residential units, 625 beds, grade-level commercial space, and below-grade parking. The property falls within an established education and employment corridor with proximity to retail, parks, and recreation facilities, creating a robust environment for investment. With rising enrollment and sustained housing shortages near Toronto’s institutions, this opportunity aligns with key growth trends and offers a compelling proposition for developers or joint-venture partners.