Investment Property
Available
Residential Land
1088 Progress Avenue, Toronto, ON M1B 2W1 Canada
Lot Size
40,075 SF / .92 Acres
Lot Size
40,075 SF / .92 Acres
OVERVIEW
The Property is strategically located along the Sheppard Avenue corridor in Scarborough, benefiting from a highly accessible location within one of Toronto's largest employment, education, and commercial nodes. The Property benefits from existing approvals for a mixed-use development comprising two residential towers containing 309 residential units and approximately 280,324 square feet of GFA, while historical planning work has also contemplated townhouse and mid-rise built forms, illustrating the flexibility of the Site and its potential to accommodate a range of residential and ancillary development formats, subject to municipal review and approval. The surrounding area continues to experience significant residential investment and intensification, with a pipeline of proposed developments representing more than 11,000 residential units and 10.5 million square feet of GFA.
Details
- Sale Price:
- Contact us for pricing
- Lot Size:
- 40,075 SF / .92 Acres