On behalf of KSV Restructuring Inc. in its capacity as court-appointed receiver (the “Receiver”), Colliers Macaulay Nicolls Inc. (the “Advisor”) is pleased to offer for sale a 100% interest in 48, 50 & 52 Newcastle Street, Toronto (the “Property” or “Site”). 48 - 52 Newcastle Street offers a compelling opportunity to acquire a 0.37-acre parcel situated within a major transit station area, boasting significant potential for high-rise development. A preliminary development concept, crafted by SVN Architects, envisions a residential apartment building soaring to 51 storeys. This proposed development would yield a total Gross Floor Area (“GFA”) of 385,294 square feet and accommodate 515 residential units, positioned in one of Etobicoke’s most desirable locales. 48 - 52 Newcastle Street commands attention, occupying a prominent corner lot at the junction of Newcastle and Buckingham. This offering presents a distinct opportunity to procure a residential development site merely 800 meters from the Mimico GO Transit station.