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Description
Prime development opportunity on Bloor St W with potential for a larger assembly. 3989 Bloor St W offers a 40 x 150 ft lot being sold as land only. With neighbouring sites also listed on MLS, with a potential for combined frontage of approximately 123.25 ft providing excellent scale and flexibility for redevelopment. A recently accepted City settlement now permits as-of-right mid-rise residential development on major streets, supporting boutique condominiums, townhomes, or apartment buildings up to 6 storeys. Featuring a wide right-of-way on Bloor, transit at the doorstep, and close proximity to Hwy 427 and Kipling Transit Hub, this location aligns with Torontos new housing policies and is well-suited for mid-rise development. Planning consultation material available. Please do not walk the property or speak with occupants.
Overview
Property ID:
HML-826828907512
Type:
Land
Square:
6,000 ft2
Price:
$1,500,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Heating:
Unknown
ParkingFeatures:
Unknown
YearBuilt:
Unknown
TaxAnnualAmount:
4942.66
PossessionDetails:
TBA
Contact Agency
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