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Commercial listings / Land / For sale

301-311 Queen Street E, Toronto, ON M5A 1S7

$7,950,000

301-311 Queen Street E, Toronto, ON M5A 1S7, photo 1301-311 Queen Street E, Toronto, ON M5A 1S7, photo 2301-311 Queen Street E, Toronto, ON M5A 1S7, photo 3301-311 Queen Street E, Toronto, ON M5A 1S7, photo 4
Property type
Land
Transaction
For sale
Location
Toronto C08, Toronto
Building area
11,001 Square Feet
Lot size
11001 Feet
MLS® number
C14121850

Description

An exceptional opportunity to acquire a prime redevelopment site in the heart of Toronto's Queen Street East corridor. A development scheme has been prepared for the site contemplating an 18-storey mixed-use residential tower through lot combination, with an FSI of 12. The proposed scheme includes approximately 130,920 sf of GFA, 175 units, and 2,250 sq ft of ground-floor retail, with 17 parking spaces. Previously operating as an event venue, the property offers potential holding income if re-leased while a purchaser advances through the approval process. Situated at the corner of Queen Street E and Berkeley Street, the site benefits from excellent transit access, strong neighbourhood amenities, and continued intensification pressure in the surrounding area. This property is being offered for sale by way of receivership.

Listing brokerage: COLLIERS

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