A once-in-a-lifetime opportunity to seize one of the last remaining pieces of land at Yonge & Eglinton. Original 2-storey North Toronto home lovingly cared for by the same family since 1975. At the South-East Corner of Redpath & Broadway this home is situated at the epicentre of Toronto's booming redevelopment. A hold-out property beaming with endless possibilities. Current Residential Zoning allows for detached house, semi-detached home, townhouse, duplex, triplex, fourplex & apartment building. Future potential uses include: 1. Off-site parkland dedication or community use - close proximity to many proposed redevelopments & ideal for developer purchase for off-site parkland dedication; 2. As-of-right redevelopment - 4-storey apartment building; 3. Minor variance - Committee of Adjustment Approval for residential redevelopment of an apartment building higher than 12m; 4. Zoning By-law amendment for a Commercial Use - Professional office space, retail, restaurant, etc.
Property being sold "as is". August 31, 2023 Goldberg Group Planning Memo available upon request. Listing brokerage & Seller make no representation with respect to future use(s) of property. Buyer to verify all information.
Broker: Harvey Kalles Real Estate Ltd