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$10,000,000
Est. payment /mo
49,934 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 49,934 sqft
Price per Sqft $200
Subdivision West Shore
MLS® Listing ID E12191032
Source Toronto Regional Real Estate Board
Property Description
Attention Builders and Investors: In the Heart of Pickering! Located just minutes from Frenchman's Bay West Park, with easy access to major highways and downtown Toronto. This proposed development spans 49,933.73 sq. ft. on 1.146 acres of prime land, with potential for residential or commercial use. This lot comes with draft plan approval for 27 standard townhouse units. The new owner has the opportunity to redesign the layout, including options like back-to-back townhomes, to potentially increase the total number of units. The property is currently leased to two tenants, a church and a daycare, generating a total annual rental income of $312,000. Both tenants are open to staying but have signed termination clauses, offering flexibility for future development. This site offers an exceptional opportunity for investors or developers. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Septic System
Others
Virtual Tour https://homesphere.hd.pics/media/download2.asp?64907C749D12459FBBE73465FBE6C32A
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Listed by HC REALTY GROUP INC.
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