464-468 WINONA DRIVE, Toronto (Oakwood Village), ON, M6C3T7

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$29,500,000
96 Days On Site

464-468 WINONA DRIVE
Toronto (Oakwood Village), ON M6C3T7

For Sale|Land|Active
Subdivision:
Oakwood Village
County:
Call Now: 905-922-7920
Is this the home for you? We can help make it yours.
905-922-7920
464-468 WINONA DRIVE
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Monthly Payment (Est.)

$134,591
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The Location is ideal for the Proposed Development of a 200-unit, Eleven-story Rental Apartment Building, currently in the planning phase. This optimal utilization of the land is highly supported by Toronto's municipal policies that focus on increasing Rental Housing availability to address the current housing crisis in midtown Toronto.The land zoning originally included Rental Building and it is surrounded by Four high Demand Rental Complexes. Hence the previously approved townhouse project is no longer the Highest and Best Use of the land. The Land has been Appraised at $25,100,000 in 2023, mirroring its value with respect to the Proposed Development. According to the Appraisal Report, the completed building will generate over $5,500,000 Rental Income per year. **** EXTRAS **** Furthermore, feasibility studies and additional information will be provided for the buyer's Due Diligence once a confidentiality agreement is signed following the acceptance of the Conditional Agreement of Purchase and Sale. (id:31684)

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Listing Snapshot
Price 
$29,500,000
Days On Site 
96 Days
Bedrooms 
N/A
Inside Area (SqFt) 
21,098 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
C9353710
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
SqFt Total 
21098
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Exterior Features
Frontage 
71 ft

Listing courtesy of: SHARON SOLTANIAN of SOLTANIAN REAL ESTATE INC.

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. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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