3258 -60 Danforth Avenue, Toronto | Image 1

3258 -60 Danforth Avenue

Toronto, Oakridge

  • Commercial

$1
For Sale

Added 2 months ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: CR3.5(c3.5;r3*81

  • Age: No Data

  • Taxes: 20000

  • MLS®#: E11176681

  • Days on Site: 75 Days

  • Added: Nov 25, 2024 (2 months ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: CENTURY 21 TITANS REALTY INC.

An exceptional opportunity to acquire a prime corner property on the prestigious Danforth Avenue, one of Toronto's premier arterial roads that run parallel to the most populous Green Subway Line. Located just a short walk from Victoria Park Subway Station, this site is perfectly positioned to cater to high-demand tenancy. This site comes with a Committee of Adjustment approval for a seven-Storey, 25-unit building, offering excellent potential for tenancy in a high-demand area. Additionally, the property presents the potential for an eight-Storey development accommodating up to 44 units, maximizing its value and returns. Located in the heart of Scarborough, this high-yielding site is ideal for a range of development opportunities. Seize this rare chance to invest in a versatile and strategically located property. **EXTRAS** This property also offers the possibility of assembly with adjacent lots, creating an opportunity for larger-scale development projects.

Extras

This property also offers the possibility of assembly with adjacent lots, creating an opportunity for larger-scale development projects.

Property

  • Status: Sale

  • Property Type: Land

  • Property Type: Raw (Outside Official Plan)

  • Area: Toronto

  • Community: Oakridge

  • Availability Date: TBD

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Other

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 45 PL 1952 SCARBOROUGH; TORONTO (SCARBOROUGH) , CITY OF TORON

  • Taxes: $20,000

  • Taxes Type: Annual

Land

  • Cross Street: Danforth Ave. and Vi

  • Municipality District: Toronto E06

  • Parcel Number: 064600189

  • Sewer: San+Storm Avail

  • Lot Depth: 125.11 Feet

  • Lot Frontage: 50.07 Feet

  • Zoning: CR3.5(c3.5;r3*81

Commercial Specific

  • Rail: N

  • Total Area: 6254

  • Total Area Metric: Sq Ft

  • Days Open: V

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

  • LLBO: N

Map of 3258 -60 Danforth Avenue, Toronto
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