355-357 Roehampton Ave, Toronto, M4P 1S3

Listing Overview

Description

An outstanding opportunity to acquire a fully approved residential redevelopment site with a Gross Floor Area of 15,315 square feet. Located on a highly sought-after street and a 5 minute walk to the new Mt. Pleasant Subway Station and close to amenities ,including Yonge Street, Eglinton, TTC transit, schools, parks, and more. The approved proposal includes the construction of a 4-storey, 14-unit residential apartment building, featuring 14 vehicular parking spaces and a Floor Space Index (FSI) of 1.43.All municipal and planning approvals have been secured. The offering consists of two fully tenanted residential properties, currently generating strong holding income ona month-to-month basis. The existing buildings include a legal triplex and a detached bungalow, together providing a total of four legal rental units.

3 days

On Market

Land

Property Type

$12,778 / Year

Est. Taxes

Designated

Style

-

Business Type

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Franchise

Location & Areas