Quick Summary
Quick Summary
- Prime North York area investment opportunity.
- Rarely offered property on Sheppard Ave West.
- Potential for redevelopment or renovation.
- Possibility of constructing a 6-story office building.
- City of Toronto's new secondary plan highlights area's future.
- Significant income-generating potential.
- Estimated rental income of $6,000 to $8,000 per month.
- Application for 6-Stories Hotel Building Rezoning in progress.
Don't miss this incredible investment opportunity in the prime North York area! This rarely offered property on Sheppard Ave West, just a few blocks west of the vibrant Yonge & Sheppard corridor, presents a multitude of possibilities for both end users and investors. For those looking to embark on a redevelopment project, this property... Show More
Don't miss this incredible investment opportunity in the prime North York area! This rarely offered property on Sheppard Ave West, just a few blocks west of the vibrant Yonge & Sheppard corridor, presents a multitude of possibilities for both end users and investors. For those looking to embark on a redevelopment project, this property holds immense potential. With the possibility of constructing a stand-alone office building up to 6 stories, you can capitalize on the thriving local market. Additionally, the current building can be renovated to accommodate various uses, providing flexibility to suit your specific needs.The City of Toronto has recently introduced a new secondary plan for this area, highlighting its promising future and further emphasizing the significance of this investment opportunity. For investors seeking immediate returns, this property holds significant income-generating potential. With the ability to produce an estimated rental income of $6,000 to $8,000 per month Application for 6-Stories Hotel Building Rezoning And Site Plan Approval Is In Progress!! Or Change it Into your needs based on the Zoning By Law.
Property Details
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Ownership Details
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For Sale Nearby
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- 1,500 - 2,000 Sq. Ft.
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- 2,000 - 2,500 Sq. Ft.
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