$1,899,900Asking Price
Amazing Development Opportunity in a Highly Desirable Area. Zoned for Townhomes, with the potential to build a 6-storey, 30-unit mid-rise! This exceptional, vacant land is located in a sought-after, family-friendly neighborhood and is currently zoned RD*1121. It has already been approved for five freehold townhomes, each with a legal secondary unit, totaling 10 units. Alternatively, take advantage of the city-approved zoning allowing for the construction of a six-storey, 30-unit mid-rise building. Situated at the intersection of two major streets, this site is in a high-demand rental area, with easy access to public transit, just minutes from Highway 401, shopping centers, restaurants, parks, and all essential amenities. This is a rare, high-potential investment opportunity, whether you're considering townhomes or a mid-rise. Dont miss out this prime site wont last long!
Amazing Development Opportunity in a Highly Desirable Area. Zoned for Townhomes, with the potential to build a 6-storey, 30-unit mid-rise! This exceptional, vacant land is located in a sought-after, family-friendly neighborhood and is currently zoned RD*1121. It has already been approved for five freehold townhomes, each with a legal secondary unit, totaling 10 units. Alternatively, take advantage of the city-approved zoning allowing for the construction of a six-storey, 30-unit mid-rise building. Situated at the intersection of two major streets, this site is in a high-demand rental area, with easy access to public transit, just minutes from Highway 401, shopping centers, restaurants, parks, and all essential amenities. This is a rare, high-potential investment opportunity, whether you're considering townhomes or a mid-rise. Dont miss out this prime site wont last long!
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L'Amoreaux, Toronto is an east Toronto neighbourhood notable for its salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from China, the Philippines and Sri Lanka, and Cantonese, Mandarin and Tamil speakers. Residents tend to be older with a significant number of youth aged 15 to 24, adults aged 50 to 64 and seniors aged 65 to 69.
Kids Per Family
1.3
kids per family
in the neighbourhood.
47%
of residents are
single and loving it.
47% singles
Toronto (50%)
28%
of residents
are renters.
28% renters
Toronto (47%)
38%
of residents are
university grads.
38% university grads
Toronto (48%)Average Household Income
$102K
is the average household
income in the neighbourhood.
Professions
Sales | 16% |
Business | 9% |
Trades | 6% |
Government | 6% |
Sciences | 5% |
65%
of residents were
born outside of Canada.
65% immigrants
Toronto (48%)20.1% from China
All-time
3.8% from China
Recent
Foreign Languages
Cantonese | 13% |
Mandarin | 13% |
Tamil | 7% |
Tagalog | 4% |
Arabic | 3% |
Religions
Christian | 48% |
Hindu | 12% |
Muslim | 8% |
Buddhist | 4% |
Social Housing Buildings
44
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.