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Commercial listings / Land / For sale

1422 Military Trail, Toronto, ON M1C 1A9

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1422 Military Trail, Toronto, ON M1C 1A9, photo 11422 Military Trail, Toronto, ON M1C 1A9, photo 21422 Military Trail, Toronto, ON M1C 1A9, photo 31422 Military Trail, Toronto, ON M1C 1A9, photo 41422 Military Trail, Toronto, ON M1C 1A9, photo 51422 Military Trail, Toronto, ON M1C 1A9, photo 6
Property type
Land
Transaction
For sale
Location
Toronto E10, Toronto
Building area
15,080 Square Feet
MLS® number
E13229314

Description

rime Student Housing Development Opportunity Located Within 750 Metres of the University of Toronto Scarborough Campus (UTSC). Featuring 98 Ft. Frontage On Military Trail And Approximately 15,080 Sq.Ft. Of Land, This Site Is Positioned To Capitalize On The Growing Demand For Purpose-Built Student Housing In One Of Toronto's Most Undersupplied Rental Markets. Architectural Drawings Have Been Completed For A Proposed Six-Storey Student Residence . Purpose-Built Student Housing Is Eligible For CMHC-Insured Construction And Permanent Financing, Offering Investors Access To Competitive Interest Rates, Up To 95% Loan-To-Cost Financing, Extended Amortization Terms, And Stronger Project Economics.Surrounded By Ongoing Redevelopment And Minutes From UTSC, This Is A Rare Opportunity To Develop A High-Demand, Institutional-Grade Rental Asset In A Rapidly Transforming Neighbourhood.

Listing brokerage: CENTURY 21 KING`S QUAY REAL ESTATE INC.

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