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Commercial listings / Investment / For sale

290 sheppard Avenue W, Toronto, ON M2N 1N5

$2,458,000

290 sheppard Avenue W, Toronto, ON M2N 1N5, photo 1290 sheppard Avenue W, Toronto, ON M2N 1N5, photo 2290 sheppard Avenue W, Toronto, ON M2N 1N5, photo 3290 sheppard Avenue W, Toronto, ON M2N 1N5, photo 4
Property type
Investment
Transaction
For sale
Location
Toronto C07, Toronto
Building area
3,000 Square Feet
MLS® number
C13832624

Description

Exceptional Development Opportunity On Sheppard Ave W In The Heart Of North York! Prime Site For Developers, Builders And Investors Along The Highly Desirable Sheppard Corridor. Situated On An Approx. 6,250 Sq. Ft. Lot, 290 Sheppard Ave W Benefits From Approved Zoning For A 6-Storey Boutique Hotel Development. The Architectural Concept Contemplates Approximately 38 Hotel Rooms, Presenting An Excellent Opportunity For Hotel Operators And Developers. The Property Offers Prominent Sheppard Ave W Frontage, Excellent Exposure And Convenient Access To Yonge & Sheppard, Subway, Hwy 401, Shops, Restaurants And Major Amenities. Architectural Plans And Development Documents Available. A Rare Opportunity To Acquire A Development Site In One Of North York's Most Established And Accessible Corridors. **** CR Zoning Also Permits A Range Of Commercial And Community Uses, Including Office, Medical Office, Financial Institution, Personal Service Shop, Wellness Centre, Artist Studio, Educational Uses And Other Permitted Uses. Approx. FSI 2.5. ****

Listing brokerage: ROYAL LEPAGE SIGNATURE REALTY

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