740-748 Sheppard Avenue W, Toronto, ON M3H 2S8

$4,950,000

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Property Description

Approved mid-rise development opportunity in Bathurst Manor, offered for sale by Court-Appointed Receiver. Vacant 18,855 SF (0.43 acre) site with approx. 141 ft of frontage on Sheppard Ave. W., designated Mixed Use Areas and zoned CR. Official Plan and Zoning By-law Amendments are approved, with a Site Plan Application under review. The proposed 9-storey mixed-use building totals 59,430 SF of GFA (approx. 3.2 FSI) and includes 70 residential suites, 1,660 SF of ground-floor retail, and 71 parking spaces over two underground levels. Suits mix: 4 studios, 38 one-bedrooms, and 28 two-bedrooms. Located on a designated avenue corridor, a short bus ride to Sheppard West subway station, minutes to Hwy 401 and Allen Rd., and close to Yorkdale Shopping Centre and Earl Bales Park.

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Listing courtesy of COLLIERS.