Space

4,104

Square Feet

About

0.76 acres poised for immediate development,
    100’ feet frontage on Danforth Avenue,
    existing municipal lane way off of Thora Avenue,
    zoned 4x residential,
    holding income generated by existing properties,
    sale, leaseback opportunity,
    VTB available,
    part of site already approved for development.
  • Sale Price: Undisclosed
  • Size 0.09 ac
  • Type Land
  • Availability Now
  • Last Updated Feb 13, 2016
  • Verified On Aug 17, 2016
  • Source SpaceList Research
  • Sale Price: Undisclosed
  • Size 0.09 ac
  • Type Land
  • Availability Now
  • Last Updated Feb 13, 2016
  • Verified On Aug 17, 2016
  • Source SpaceList Research

About 3097 Danforth Ave

Colliers International is pleased to offer for sale the following property assembly of 3089-3095 Danforth Avenue, 3097-3099 Danforth Avenue and 39 Thora Avenue, a 0.76 acres site of which 90% is vacant, located in Toronto Ontario. The Properties assembled offer a rare opportunity for a mid-rise condo development along Danforth Avenue, situated just east of Victoria Park Avenue. This offering marks the largest residential development land opportunity along Danforth Avenue in over 15 years, supported by recent comparable residential land transactions achieving zoning approval for 5 times residential density. At 5 times residential density, the site offers over 120,000 square feet of building GFA, with approximately 10,000 square feet of excess land to spare. The neighbourhood offers unlimited retail options, including Shoppers World Centre, LCBO, Beer Store, Canadian Tire, Metro, banks, gas stations, restaurants, and in walking distance to Victoria Park subway station on the TTC Bloor-Danforth Line.
  • Property Type Land
  • Zoning 4x residential
  • Total Available Space 0.00 ac
  • Lot Size 0.76 ac
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