Land For Sale | E11998200Sale

CBRE Limited is pleased to offer for sale 3174 Eglinton Avenue East, Toronto; a zoning by-law approved 23-storey development opportunity with nearby transit connectivity via Eglinton GO Station and the forthcoming Eglinton East LRT via Markham Station. This 0.67 Site features 168 feet of prominent frontage along Eglinton Avenue Eastin the heart of the vibrant Scarborough Village locale. The Property is presently improved with a fully leased multi-tenant retail plaza generating substantial holding income whilst also having sale and development clauses that will allow for near-term redevelopment of the asset. In collaboration with WND Associates, the Vendor has secured zoning by-law (ZBA) approvals to construct 335 residential units set across 227,840 SF of Gross Floor Area (GFA) and 4,166 SF of supportive ground-floor retail space. Contact the advisory team for more information. Please be informed that complete financial information can be made available upon request.