8 De Grassi Street, Toronto | Image 1

8 De Grassi Street

Toronto, South Riverdale

  • Commercial

$X,XXX,XXX
For Sale

Added 3 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: CR2.5(c2;r2*2294

  • Age: No Data

  • Taxes: 10083

  • MLS®#: E8049308

  • Days on Site: 62 Days

  • Added: Feb 01, 2024 (3 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CUSHMAN & WAKEFIELD

Adjacent the new Leslieville Ontario Line Subway station, 8 De Grassi Street is a proposed 15-unit multi-res, 1-unit commercial, 6 Storey project on the cusp of approval. Located at Queen Street East and De Grassi Street, this 0.055-acre Property represents a prime infill development opportunity in the vibrant Riverdale - Leslieville neighborhood. The Vendor has submitted the ZBA and is awaiting OLT hearing decision that allows for a 6-storey building with a maximum GFA of 8,250 SF, comprising 15 residential and 1 commercial units. A formal Site Plan Application was submitted by the Vendor and is close to NOAC Approval. A user looking for 8,250 SF of GFA for a alternate use could work through adjustments in the SPA process to alternate the existing approval.

Extras

The location across the street from the new Leslieville Ontario Line Subway Station Plaza, providing easy access to train and TTC services.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Toronto

  • Community: South Riverdale

  • Availability Date: Vacant Land

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: None

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 1-3 PL 233 TORONTO AS IN ER121585; T/W ER121

  • Taxes: $10,083

  • Taxes Type: Annual

Land

  • Cross Street: Queen St East And De

  • Municipality District: Toronto E01

  • Parcel Number: 210740304

  • Sewer: San+Storm Avail

  • Lot Depth: 62 Feet

  • Lot Frontage: 47.58 Feet

  • Lot Irregularities: 75.28 Ft X 40.06 Ft X

  • Zoning: CR2.5(c2;r2*2294

Commercial Specific

  • Sprinklers: N

  • Total Area: 2379

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

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