$19,900,000
Status: For Sale
The Location is ideal for the Proposed Development of a 200-unit, Eleven-story Rental Apartment Building, currently in the planning phase. This optimal utilization of the land is now absolutely supported by Toronto's municipal policies that focus on increasing Rental Housing availability to address the current housing crisis.Hence the previously approved townhouse project is no longer the Highest and Best Use of the land. The Land has been recently Appraised at $25,100,000 in as-is condition, mirroring its value with respect to the Proposed Development. According to the Appraisal Report, the completed building can generate over $5,000,000 Rental Income per year.
Property Type | :Commercial |
MLS Number | :C7401202 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :17 Apr, 2024 (9 Days ago) |
Area | :Toronto |
Community | : Oakwood Village |
Postal Code | : M6C 3T7 |
Source | :TRREB |
Price | :$19,900,000 |
Property Taxes | :$16868.19 |
Tax Year | :2023 |
Cross Street | :St. Clair And Winona |
Fireplace/Stove | :No |
17 Apr, 2024
TREB #C7401202
Available
$19900000.0
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464-468 Winona Dr is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 464-468 Winona Dr with a highly strategic location at the M6C 3T7 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
464-468 Winona Dr offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the C7401202 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 16868.19 and an attractive 19,900,000 while getting several vibrant Oakwood Village benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and M6C 3T7. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and for accommodating vehicles in tandem with , and easy access to the nearest cross street which is St. Clair And Winona. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $99,500 available on the 19,900,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $99,500 and other attractive incentives for buying this Commercial in Ontario and at M6C 3T7. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This C7401202 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 464-468 Winona Dr promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at M6C 3T7 and you will find a value addition at 464-468 Winona Dr by all means.