| An exceptional residential development opportunity in North York, located at 240-242 Finch Avenue West. The Property features approved plans for a four-storey, purpose-built rental building comprising 41 residential units and approximately 26,339 SF of gross floor area. With a boutique development scale, the Property offers an attractive opportunity for residential developers seeking a manageable investment with potential for future value creation. Developers may also explore opportunities to increase density and gross floor area, subject to municipal approvals. Offered through a court-appointed receivership, this opportunity is well suited to developers seeking to expand their residential portfolio in Toronto. |
| Price | $3,900,000 |
| Taxes: | $13673.49 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 240-242 Finch Avenue West , Toronto, M2R 1M7, Toronto |
| Postal Code: | M2R 1M7 |
| Province/State: | Toronto |
| Legal Description: | 240: PT LT 182 PL 4259 NORTH YORK AS IN |
| Directions/Cross Streets: | Finch Ave W & Bathurst St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Designated |
| Use: | Residential |
| Total Area: | 26339.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Sewers: | Sanitary+Storm |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLLIERS |
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| Book Showing | Email a Friend |
| Type: | Com - Land |
| Area: | Toronto |
| Municipality: | Toronto C07 |
| Neighbourhood: | Newtonbrook West |
| Tax: | $13,673.49 |
| Fireplace: | N |