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$5,188,888
Status: For Sale
RARE MIXED-USE REDEVELOPMENT SITE. High-traffic corner property with versatile commercial/residential zoning. Lot size 60 x 100 ft. Includes a registered right of way over ten adjacent parcels (3539-3557 St. Clair Ave E) allowing curb ramp access, three ingress/egress points, and rights to use surface parking. Comes with 20 owned parking spaces.Walking distance to the future Scarborough GO Station. Excellent visibility and exposure. Interior features 20-ft ceilings and two flexible enclosures-ideal for retail, showroom, or future buildout. Outstanding opportunity for a purpose-built mixed-use development.Area is set for major growth with 15,000+ new residential units planned, plus the 5.6M sq. ft. Scarborough Junction Master Plan. Adjacent land assembly potential (approx. 40,246 sq. ft. combined). Right-Of-Way may be voluntarily released in the event of redevelopment. Seller is motivated. Fantastic investment potential!
| Property Type | :Commercial |
|---|---|
| MLS Number | :E12586498 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :28 Nov, 2025 (6 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M1K 1L6
|
| Price | : $5,188,888 |
|---|---|
| Property Taxes | :$14687.0 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Closed |
| Cross Street | :St Clair Ave E/Kennedy Rd |
28 Nov, 2025
TREB #E12586498
Listed
$5188888.0
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