$3,499,000Asking Price
Power of sale residential development opportunity in the vibrant Garden District. This vacant 4,521 sq. ft. lot comes with approved zoning and a minor variance allowing for the construction of a four-storey, 28-unit residential building totaling 14,328 sq. ft. of gross floor area. The proposed development includes a green roof, rooftop amenity space, and bike storage areas, with no requirement for vehicular parking. Ideally situated in the Moss Park neighborhood, the property boasts a 97 Walk Score, offering convenient access to TTC transit, Allan Gardens, universities, hospitals, shops, and restaurants. The surrounding area features a mix of heritage homes, mid-rise buildings, and new infill developments, making this site especially appealing for student housing or micro-suite rentals. This is an excellent opportunity for developers looking to invest in Toronto's downtown intensification.
Power of sale residential development opportunity in the vibrant Garden District. This vacant 4,521 sq. ft. lot comes with approved zoning and a minor variance allowing for the construction of a four-storey, 28-unit residential building totaling 14,328 sq. ft. of gross floor area. The proposed development includes a green roof, rooftop amenity space, and bike storage areas, with no requirement for vehicular parking. Ideally situated in the Moss Park neighborhood, the property boasts a 97 Walk Score, offering convenient access to TTC transit, Allan Gardens, universities, hospitals, shops, and restaurants. The surrounding area features a mix of heritage homes, mid-rise buildings, and new infill developments, making this site especially appealing for student housing or micro-suite rentals. This is an excellent opportunity for developers looking to invest in Toronto's downtown intensification.
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Moss Park, Toronto is a central Toronto neighbourhood notable for its singles, renters, arts & culture professionals and salespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 64 and seniors aged 65 to 69.
Kids Per Family
0.9
kids per family
in the neighbourhood.
71%
of residents are
single and loving it.
71% singles
Toronto (50%)
85%
of residents
are renters.
85% renters
Toronto (47%)
42%
of residents are
university grads.
42% university grads
Toronto (48%)Average Household Income
$62K
is the average household
income in the neighbourhood.
Professions
Sales | 18% |
Government | 8% |
Business | 8% |
Management | 7% |
Culture | 6% |
41%
of residents were
born outside of Canada.
41% immigrants
Toronto (48%)4.7% from Ethiopia
All-time
1.2% from Ethiopia
Recent
Foreign Languages
French | 4% |
Spanish | 3% |
Arabic | 2% |
Bengali | 2% |
Somali | 2% |
Religions
Christian | 51% |
Muslim | 10% |
Hindu | 3% |
Buddhist | 2% |
Jewish | 2% |
Social Housing Buildings
22
Social housing buildings
in the neighbourhood.
Shelters
9
Homeless shelters in
the neighbourhood.