Colliers International (“Colliers” or “The Advisor ”) has been retained by TDB Restructuring Limited (the “Receiver ”or the “ Vendor ”) to arrange for the sale of 3775–4005 Dundas Street West (hereinafter defined for marketing or other purposes as “3803 Dundas Street West”, the “Property” or the “Site”) – a successfully rezoned site, pending site plan application approval to construct up to 243,740 SF of GFA in Toronto’s attractive Lambton Baby-Point Neighbourhood, next to Lambton Golf and Country Club.
Located on 1.3-Acres (56,726 SF) of land and benefiting from 307 feet of frontage on Dundas Street West, the current development plan envisions a 13-storey mixed-use building with 297 residential units and ground floor commercial use. The site is conveniently located with three access points along Dundas Street West and nearby a ton of convenient amenities including a Walmart Supercentre, Loblaws, LCBO, Shoppers Drug Mart, as well as two TTC Subway Stations (Jane & Old Mill). The Property is rezoned for a maximum of 243,740 SF of GFA presenting a unique opportunity for a builder or developer to acquire an approved, transit-oriented site in a favourable location with strong fundamentals where condo pricing is meeting or exceeding $1,200 PSF.