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$1
Available - For Sale
Listing ID: E11176681
3258 -60 Danforth Ave , Toronto, M1L 1C2, Ontario
An exceptional opportunity to acquire a prime corner property on the prestigious Danforth Avenue, one of Toronto's premier arterial roads that run parallel to the most populous Green Subway Line. Located just a short walk from Victoria Park Subway Station, this site is perfectly positioned to cater to high-demand tenancy. This site comes with a Committee of Adjustment approval for a seven-Storey, 25-unit building, offering excellent potential for tenancy in a high-demand area. Additionally, the property presents the potential for an eight-Storey development accommodating up to 44 units, maximizing its value and returns. Located in the heart of Scarborough, this high-yielding site is ideal for a range of development opportunities. Seize this rare chance to invest in a versatile and strategically located property. **EXTRAS** This property also offers the possibility of assembly with adjacent lots, creating an opportunity for larger-scale development projects.
Price $1
Taxes: $20,000
Tax Type: Annual
Occupancy by: Own+Ten
Address: 3258 -60 Danforth Ave , Toronto, M1L 1C2, Ontario
Postal Code: M1L 1C2
Province/State: Ontario
Legal Description: LT 45 PL 1952 SCARBOROUGH; TORONTO (SCAR
Lot Size: 50.07 x 125.11 (Feet)
Directions/Cross Streets: Danforth Ave. and Victoria Park Ave.
Zoning: CR3.5(c3.5;r3*81
Category: Raw (Outside Official Plan)
Building Percentage: Y
Total Area: 6,254
Total Area Code:  Sq Ft
Financial Statement: N
Chattels: N
Franchise: N
Days Open: V
LLBO: N
Rail: N
Heat Type: Other
Central Air Conditioning: Part
Elevator Lift: None
Sewers: San+Storm Avail
Water: Municipal
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 TITANS REALTY INC.

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