930 ALBION ROAD, Toronto (Thistletown-Beaumonde Heights), Ontario, M9V1A4
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-931-0271
- 705-745-4321
- johnmcconkey11@gmail.com
- Property Address: 930 ALBION ROAD, Toronto (Thistletown-Beaumonde Heights), Ontario, M9V1A4
- Community Name: Thistletown-Beaumonde Heights
- Property Type: Vacant Land
- Zoning Description: residential/commercial
- Lot Size: 186.49 x 78 FT ; irregular
- Acreage: 186.49 x 78 FT ; irregular
- Water Type: Municipal water
- Floor Space: 55613 sqft
Listing Offices: RIGHT AT HOME REALTY, HUBENOV REALTY INC.
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Attention, attention developers and investors! Vacant corner lot located in...
- 0 Beds
- 0 Baths
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