An exceptional opportunity to acquire a prime redevelopment site in the heart of Toronto's Queen Street East corridor. A development scheme has been prepared for the site contemplating an 18-storey mixed-use residential tower through lot combination, with an FSI of 12. The proposed scheme includes approximately 130,920 sq ft of GFA, 175 units, and 2,250 sq ft of ground-floor retail, with 17 parking spaces. Previously operating as an event venue, the property offers potential holding income if re-leased while a purchaser advances through the approval process. Situated at the corner of Queen Street E and Berkeley Street, the site benefits from excellent transit access, strong neighbourhood amenities, and continued intensification pressure in the surrounding area. This property is being offered for sale by way of receivership.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.