3,400 sqft
$699,900
Prime Development Opportunity at 433 King Street East. Attention Investors & Developers – Don't miss out on this rare opportunity to re-develop in one of the city's most sought-after locations. This high-visibility property is ideally situated in a high foot-traffic area and zoned TOC1, allowing for up to 6 storeys of mixed-use residential and commercial development. Drawings submitted for a proposed 20-unit building, offering a strong foundation for future development. With city incentives available and increasing demand in the area, this is an excellent chance to secure a long-term growth asset for your portfolio. Take advantage of this high-potential site in a thriving urban corridor. Whether you're an experienced developer or new investor, the numbers and location speak for themselves.Property Highlights: Zoning: TOC1 – Mixed-use, up to 6 storeys. Proposed plans: 20-unit residential building. High foot traffic and excellent exposure. Strong long-term growth potential. City incentives available for redevelopment. Seller open to VTB- 90% LTV. Note: The Property is being sold as-is, where-is. Please do not walk the property. (id:63476)
Property Details
|
MLS® Number |
40717320 |
|
Property Type |
Retail |
|
Amenities Near By |
Public Transit |
|
Community Features |
High Traffic Area |
Building
|
Basement Type |
Full |
|
Exterior Finish |
Brick |
|
Stories Total |
2 |
|
Size Exterior |
3400.0000 |
|
Size Interior |
3,400 Sqft |
|
Utility Water |
None |
Land
|
Acreage |
No |
|
Land Amenities |
Public Transit |
|
Sewer |
Municipal Sewage System |
|
Size Depth |
128 Ft |
|
Size Frontage |
40 Ft |
|
Size Total Text |
Under 1/2 Acre |
|
Zoning Description |
Toc1 |