3312 Danforth AVE new Save Request In-Person Tour Request Virtual Tour
Toronto E06,ON M1L 1C4
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 12,500 sqft
Price per Sqft $0
Subdivision Oakridge
MLS Listing ID E11984549
Tax Year 2024
Property Sub-Type Land
Property Description
3312 Danforth Ave presents an exceptional 10-story mixed-use building development opportunity in a sought-after area of Scarborough. The site is strategically located opposite a park, providing attractive views and green space, with TTC access nearby and downtown Toronto just a short commute away.The property spans 1161.00m with a proposed Gross Floor Area (GFA) of 7232.54m and a Floor Space Index (FSI) of 6.23, offering the flexibility for high-density residential and commercial use. All necessary studies have been completed, and the design package is ready for Site Plan Submission, with the Minor Variance Report prepared for submission to the Committee of Adjustments.This development is available for sale as-is or with Site Plan Approval conditions, providing flexibility for developers looking to move forward quickly or with conditional approvals. The project is well-suited for a condo development or could be transformed into a rental building, with the potential to qualify for CMHC financing, making it a highly attractive option for investors seeking strong returns.This is a rare and valuable opportunity to invest in a prime location with completed studies and a streamlined path to development. Dont miss your chance to be part of this exciting project in Scarboroughs growing urban landscape.
Location
Province ON
County Toronto
Community Oakridge
Area Toronto
Exterior
Utilities Available Yes