930 Albion Road Toronto, Ontario M9V 1A4
$6,888,000
Zoned for a Mid-Rise rental building. Currently vacant land. Potential to assemble with another adjacent parcel listed for $2.9M. Great location across from Shoppers Drug Mart, Grow Fitness, Mr. Lube etc. Application already submitted for 7 storey 65 units apartment building a total of 56,000 sqft with some affordable units. No property taxes and no development fees on the affordable units. The owner already approved a government grant for $1,200,000 that can be used towards the construction of the building. There is potential to get 95% financing for the development trough the MLI select program with some of the best financing terms 45-50 yrs amortization and the lowest interest rate on the mortgage. (id:53661)
Property Details
| MLS® Number | W12233250 |
| Property Type | Vacant Land |
| Neigbourhood | Thistletown-Beaumond Heights |
| Community Name | Thistletown-Beaumonde Heights |
Building
| Size Interior | 55,613 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 78 Ft |
| Size Frontage | 186 Ft ,5 In |
| Size Irregular | 186.49 X 78 Ft ; Irregular |
| Size Total Text | 186.49 X 78 Ft ; Irregular |
| Zoning Description | Residential/commercial |
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June 28 2025 04:14:31
Toronto Regional Real Estate Board
Right At Home Realty, Hubenov Realty Inc.
