ZONED DEVELOPMENT SITE (GFA: 54,000 SF): Prominently located in the heart of Port Credit, the Property presents the unique opportunity to acquire an OLT Approved 10,000 sf mid-rise development site within one of the GTA's most sought after locations. Approved for an 8-storey, 54,000 sf mixed-use residential building, the Property is positioned steps from the Port Credit GO, Hurontario LRT Station and MiWay bus stop, providing for tremendous transit connectivity, with Downtown Toronto, City Centre and Pearson Airport accessible within a 35 minute commute. Enjoy the many amenities of Port Credit with the marina, waterfront trails, parks, restaurants and boutiques all located within a short walking distance. Positioned within the affluent Port Credit node, the Property is suitable for either a condo or rental development. Site Plan Application has not been submitted providing Purchaser with flexibility to influence the final development, however, significant work has been completed by the Vendor to allow for a quick submission and approval of the Site Plan Application.
Property Type:
Freehold
Freehold Type:
Vacant Land
Total Approx Floor Area:
5000+
Lot Size:
< .50
Depth:
152'46.339 m
Frontage:
66'2"20.163 m
Exposure:
North
Bedrooms:
0
Bathrooms:
0.0
Water supply:
Municipal
Zoning:
C4-Mainstreet Commercial
Lot Irregularities:
Rectangular
Taxes:
$60,726 /
2024
Assessment:
$- /
-
Port Credit
Opportunity to execute short team leases with current tenants to provide interim holding income in advance of construction.
No
None
Utilities Cable:
Available
Utilities Telephone:
Available
Utilities Gas:
Available
Utilities Hydro:
Available
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Sewer:
Sewers
Seller Property Info Statement:
No
Date Listed:
Oct 03, 2024
Original Price:
$7,990,000
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Listed by BTG REALTY ADVISORS INC
Data was last updated November 1, 2024 at 05:05 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$1,750,000
Min list price:
$775,000
Max list price:
$7,990,000
Avg days on market:
58
Min days on market:
6
Max days on market:
200
These statistics are generated based on the current listing's property type
and located in
Mississauga. Average values are
derived using median calculations.