6387 Kingston Road
Toronto E10, ON M1C 1L2
About This Property
***DEVELOPMENT READY OPPORTUNITY*** This offering is for Land with existing improvements. Preliminary Site Plan for 7 Townhouses of approximately 1800 SqFt each, is ready for your final adjustments, while retaining the existing dwelling. Existing approximately 3,000 SqFt single family 6 bedroom home can stay according to the site plan, and with proximity to ravine, redevelopment of the home site may not be desirable due to set back requirements. This building could be used as a Construction Site Office & Sales Centre, and then renovated and sold when the project is complete. Site plan indicates 7 townhomes would front on the adjacent street, Stagecoach Circle. Ideal infill project in a high demand area. There is income potential from the existing tenanted dwelling. All municipal services are available. Great accessibility with close proximity to Highway 401, Public Transit and Retail amenities. Generally a level site with great potential for Freehold or Condominium units. Owner advises that the legwork is 90% done and site plan is almost ready for submission to the City.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12690354
Listed by COLDWELL BANKER - R.M.R. REAL ESTATE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$17,086
/month · $2,799,200 mortgage
Amortization
Total Interest
$2,326,624
Total Cost
$5,125,824
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
COLDWELL BANKER - R.M.R. REAL ESTATE