Home Leader Realty

Did you know that average price of pre construction sale in North York is now about $1500/sqf and anything below that is considered affordable?

In this project it is possible to provide a competitive price with a superior product in a format of Condo, Rental , Sr. housing……

The vendor will provide Site Plan approval and Record of Site Condition prior to closing , so No risks :

Sale Price: $25,000,000 ($119/sqf)
Lot Size: 26,726 SF (±0.61 ac.) property located on New LRT Line
Total GFA: 209,395 in 24 story
Frontage ±140.45 ft.
Official Plan Apartment Neighbourhoods
Zoning C1 – General Commercial Zone
Rent $100,000 / Y / The Property is currently leased till 2025.
🏢 Surrounded by retail, services, schools, and parks. Easy access to Yonge St and Allan Road - York University lines.
🏘️ Units has Balconies with panoramic views.
🔑Potential VTB upto 70% ( for qualified buyer)

This area is one of the premier nodes for education and community services in the City of Toronto.
Located in proximity to the York University Keele Campus, Seneca @ York and the University of Toronto Institute for Aerospace, the area has experienced immense investment and transformation owing to the various post-secondary institutions .
The Site is well serviced by a number of transportation options.
The Property is located a short 5-minute drive from Finch TTC Station and a 6-minute drive from the new Finch West TTC Station. Highways 400, 401 and 407 are all located under a fifteen minute drive.
With the Downtown core becoming increasingly built out, developers are looking further afield for new high density development opportunities. Situated in a transitioning area slated for residential intensification and growth, the Site’s high profile corner location at this busy intersection makes it a prime candidate for future residential redevelopment.

FINCH WEST LRT

Situated a short 6-minute drive from the Property, the newly opened Finch West Station provides access

north to Vaughan Metropolitan Centre and south to Union Station in downtown Toronto as part of the Yonge

-University Subway Extension. The station will also act as a major transit transfer station in the coming years.

Finch West Station will be the eastern terminus stop of the future Finch West Light Rail Transit (“LRT”) that

will include 18 stops connecting Miway, Viva and Züm transit services all the way through to the western

terminus at Humber College. The expected completion of the LRT is 2025. (Source: Metrolinx, 2019)

NEARBY DEVELOPMENTS

Let me know if you wish to sign our BRA & CA to get an access to our Data Room?