Fantastic Opportunity >> Strategic Property Right On the Corner Of Bayview Ave & Newton Dr, With A 100 Ft Exposure On Bayview Ave. Potential For Development Project! Excellent High Demand Location! Current Owner Has the Re-Zoning City Approval For Six (6) 3-Storey Freehold Townhouse Units with Vehicular Access from Newton Drive and 6 Parking Spaces, (with Ready N.O.A.C from City)! There Are Other Possibilities for Stacked Townhouses Or Mid-Rise Condo Boutique >> This Property Presents an Exceptional Development Opportunity under the EHON Intuitive Bylaw, Allowing for the creation of a 4-Story Stacked Townhouse Community of Up to 19 Units. Ideal for Developers Aiming to Expand Housing Options within a Thriving Area, the Site Offers a Unique Blend of Density and Design Potential. For Those Considering a Larger Vision, the Property's Strategic Location and Assembly Potential with Adjacent Lots Enable the Possibility of a 6-Storey Boutique Condo Project, Accommodating Up to 60 Units. Buyer/Buyer Agent To Verify All with City Planner! Situated Near Key Amenities and Transit, This Site Is Poised for a High-Demand Residential Project That Blends of Modern Living with Community Connectivity, Making It a Prime Investment for Innovative Developers. (id:47421)
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Detailed Information
Bathrooms
3
Lot
83.25 x 101 ft
Farm Type
Other
Features
Irregular lot size
Listing Contract Date
2025-03-18
Location Description
Bayview Ave & Steeles Ave
# of Parking Spaces
6
Property Type
Business
Transaction Type
For sale
Zoning Description
Residential/ Development Approval
Building
Appliances
Dishwasher, Hood Fan, Stove, Refrigerator
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Size (Exterior)
8643.41 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=83.25 x 101.08 FT ; Slight curve at the corner
Size of Irregular Land
Bldg=83.25 x 101.08 FT ; Slight curve at the corner
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