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    For Sale - 1460 Victoria Park Avenue, Toronto, Ontario

    Est payment $33,373/mo
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    Views   1
    Time on Jump  197 day

    AI Summary *

    • Exceptional investment opportunity in a rapidly growing Toronto neighborhood.
    • Approved for an 11-storey mixed-use development with residential and retail space.
    • Prime location with excellent walkability to major shopping amenities.
    • Upcoming Eglinton Crosstown LRT station enhances connectivity and desirability.
    • Market timing favorable for cost savings and profitable outcomes.




    An opportunity defined by the right scale, the right location and the right timing. 1460 victoria park avenue (the "property") presents and exceptional investment opportunity in one of toronto's most rapidly growing areas, the wexford-maryvale neighbourhood. Approved for an 11-storey, mixed-use development, the property offers a well-scaled project that minimized absorption risk and ensures a faster lease-up or sale process compared to larger developments. The property's prime location is a major factor in its appeal, with excellent walkability to key amenities such as eglinton square shopping centre and the golden mile shopping centre, currently undergoing a transformative multi-billion dollar redevelopment. The upcoming eglinton crosstown lrt, with a station located less than 300-meters away, enhances the property's desirability and offers connectivity throughout toronto. Market timing is advantageous, allowing for potential cost savings in construction, which can translate into more profitable outcomes. Zoned for an 11-storey mixed use building, the property can accommodate 113 residential units and approximately 108,650 sf of total gfa, including 1,055 sf of ground-floor retail space. With approvals in place, this is a rare chance for developers to secure a high-potential asset in a thriving urban corridor. As well, due to the reconfiguration of o'connor drive, a 35-storey mixed-use tower scheme with a gfa of 289,355 sf is now feasible. This is a unique opportunity to capitalize on a well-positioned, scalable porject in one of toronto's most dynamic neighbourhoods.
    Listing IDC12135198
    Address1460 Victoria Park Avenue
    CityToronto, Ontario
    Price$6,950,000
    StyleLand
    Land Size0.59
    TypeVacant Land
    StatusFor Sale

    Subtype LandSewer Sanitary+Storm Available

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    Listing Agency:  COLLIERS

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1460 Victoria Park Avenue
    Toronto , Ontario
    $6,950,000
    Get more info