The subject Property represents an increasingly rare opportunity for a developer to secure a significant 11.26 acre future high-density redevelopment site in an area poised for intensification. The Vendor has engaged SVN to develop a realistic planning rationale and development concepts for the Property, based on an Official Plan Amendment
to permit residential uses. Preliminary investigations indicate that the Property can accommodate a mixed-use development with building heights ranging from 5 to 18 storeys. Office uses will be replaced 1:1, as well as the addition of 1,080 to 1,439 residential units representing a total gross floor area in excess of 1,329,546 square feet (2.72 FSI).