930 Albion RD new Save Request In-Person Tour Request Virtual Tour
Toronto W10,ON M9V 1A4
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 55,613 sqft
Price per Sqft $123
Subdivision Thistletown-Beaumonde Heights
MLS Listing ID W12233250
Annual Tax Amount $18,897
Tax Year 2025
Property Sub-Type Land
Property Description
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.
Location
Province ON
County Toronto
Community Thistletown-Beaumonde Heights
Area Toronto
Exterior
Utilities Available None
Lot Frontage 186.49
Lot Depth 78.0