The Lawrence Group, RE/MAX Hallmark Realty Ltd., Brokerage
Serving buyers and sellers from York Region to Simcoe County, including Barrie, Innisfil, Bradford, Newmarket, Aurora, Richmond Hill and Vaughan. Richmond Hill Office: 9555 Yonge Street, Suite 201, Richmond Hill, ON L4C 9M5 · 905-883-4922 Innisfil Office: 55 Lakeshore Blvd, Innisfil, ON L0L 1R0 · 416-930-5506
RARE JUNCTION MIXED-USE INVESTMENT WITH MAJOR DEVELOPMENT UPSIDE! Prime 69.25 ft frontage x 173 ft depth on Dundas St W in the heart of The Junction, one of Toronto's most sought-after and fastest-growing neighbourhoods. Approx. 9,940 gross sq ft featuring 3 retail units plus 1 residential unit, wit...h 5 washrooms. Strong in-place income: total potential revenue of $314,000 and NOI of $277,393. Collect stable cash flow today while you plan for tomorrow. HUGE DEVELOPMENT POTENTIAL: The proposed development for the site is a mixed-use, mid-rise commercial/residential rental complex containing 15 storeys, with 2 commercial rental units and 123 proposed residential rental units. The proposed GFA is approximately 117,950 SF (9.49 FSI). Zoned CR (Commercial Residential) within a Mixed Use Areas designation. Surrounded by trendy cafes, restaurants, breweries and boutiques, with TTC at your door and quick access to the UP Express, Bloor GO and the Junction Triangle. Ideal for investors, developers and end-users alike. Opportunities like this on Dundas West don't come along often. Don't miss it! Receivership sale, sold "as is, where is" without representations or warranties.
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