$19,900,000
FOR SALE

Land

Lot: 71 x 303.5 ftTotal Area: 21,098 ft2
2023 Taxes: $16,868.19

464-468 Winona Dr
Toronto, ON M6C 3T7 | Oakwood Village

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 now absolutely supported by Toronto's municipal policies that focus on increasing Rental Housing availability to address the current housing crisis.Hence the previously approved townhouse project is no longer the Highest and Best Use of the land. The Land has been recently Appraised at $25,100,000 in as-is condition, mirroring its value with respect to the Proposed Development. According to the Appraisal Report, the completed building can generate over $5,000,000 Rental Income per year.
Extras
Furthermore, feasibility studies and additional information will be provided to the prospective buyer once a confidentiality agreement is signed following the acceptance of the Agreement of Purchase and Sale.
Share
Listed By FOREST HILL REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C7401202
Last Updated Apr 17, 2024
Property Summary
Property Type Land

More like this:
Use Residential
Category Designated
PIN 104560584
Legal Description PART LOT 20 PL 115 TWP OF YORK PARTS 3 & 4, PLAN 66R26535, TORONTO (YORK) TOGETHER WITH AN EASEMENT OVER PART LOT 20 PL 115 PARTS 1 & 2, 66R26535 AS IN AT5005921 CITY OF TORONTO and PT LT 20 PL 115 TWP OF YORK AS IN CY643901, CITY OF TORONTO
Occupancy Vacant
Possession Date Immediate
Taxes (2023) $16,868.19
Tax Type Annual
Directions/Cross Streets St. Clair And Winona
Neighbourhood Oakwood Village
Area Toronto
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 71 x 303.5 ft
Total Area 21,098 ft2
Soil Test Y
Sewers San+Storm
Utilities A
Water Municipal
Survey Y
Lot/Bldg/Unit Code Lot
Zoning RM
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)