930 Albion Road, Toronto (Thistletown-Beaumonde Heights), Ontario M9V 1A4 (28495469)


LOADING

55,613 ft2

$6,888,000

Zoned for a Mid-Rise rental building. Currently vacant land. Potential to assemble with another adjacent parcel listed for $2.9M. Great location across from Shoppers Drug Mart, Grow Fitness, Mr. Lube etc. Application already submitted for 7 storey 65 units apartment building a total of 56,000 sqft with some affordable units. No property taxes and no development fees on the affordable units. The owner already approved a government grant for $1,200,000 that can be used towards the construction of the building. There is potential to get 95% financing for the development trough the MLI select program with some of the best financing terms 45-50 yrs amortization and the lowest interest rate on the mortgage. (id:59911)

Property Details

MLS® Number W12233250
Property Type Vacant Land
Neigbourhood Thistletown-Beaumond Heights
Community Name Thistletown-Beaumonde Heights

Building

Size Interior 55,613 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 78 Ft
Size Frontage 186 Ft ,5 In
Size Irregular 186.49 X 78 Ft ; Irregular
Size Total Text 186.49 X 78 Ft ; Irregular
Zoning Description Residential/commercial

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Lina Gueorguieva
Broker

(647) 862-2339
(647) 862-2339
www.facebook.com/lina.gueorguieva.remax
ca.linkedin.com/in/linageorgievaremax/

Right At Home Realty
1396 Don Mills Rd Unit B-121
Toronto, Ontario M3B 0A7

(416) 391-3232
(416) 391-0319
www.rightathomerealty.com/

Tony Hubenov
Broker of Record

(647) 203-6265
www.moretorontorealestate.com/

Hubenov Realty Inc.
176 Misty Meadow Dr
Woodbridge, Ontario L4L 3V7

(647) 203-6265
(905) 851-6849
HTTP://www.tonyhubenov.com