2722 Yonge St
Toronto, M4N2H9
For Sale
$1.00
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Apartment
CATEGORY16,000 Sq Ft
TOTAL AREAC8483700
MLSIDContact Us
Property Description
Proposed 7-Storey mixed-use residential and commercial building with 18 residential (rental) units and 1 commercial unit. Proposed gross floor area is over 16,000 sqft. Buyer can decide to develop a condo building or make an apartment building. The project is past pre-application consultation.
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Extras
10 studios, 5 one bedrooms, 3 two bedrooms and one commercial retail unit.Vendor open to Seller take back / VTB or joint venture if buyer so desires.
Property Details
Category
Apartment
Usage
Apts-Over 20 Units
Zoning
c-03
Total Area
16,000 Sq Ft
Office/Apartment Area
16,000 Sq Ft
Lot Size
33' x 87'
Taxes
$27,000 (2023)
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Listing contracted with Royal Lepage Vision Realty
Similar Listings
Being sold as part of a land assembly
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Attention INVESTORS & End USERS! This Heritage End-Unit Townhouse Is In The Sought-After Queen And Mutual Area Of Toronto's Vibrant Church-Yonge Corridor Neighborhood, Introducing A Unique Opportunity To Own An INCOME-GENERATING PROPERTY. This Property Is FULLY OCCUPIED (All 6 Units Including The Basement), Offering A Combination Of CAPITAL APPRECIATION And CASHFLOW An INVESTOR'S DREAM. Strategically Located In The HEART OF DOWNTOWN With A 99 WALK SCORE And 100 TRANSIT SCORE, The Possibilities Are ENDLESS. Finished Basement With Separate Entrance, Currently Rented As Residential Can Be Used As An office , Walking Distance Of Toronto Metropolitan University (Formerly Ryerson) And George Brown College. Architectural Drawings Are Available To Help Transform The Property Into Your Dream Home, Boutique Hotel Or Home And Business. The Seller Is Willing To Offer A Vendor Take Back VTB Mortgage At An Agreed Price.
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