Map pin75 Mutual Street, Toronto, ON, M5B 2B7, CA

75 Mutual Street

75 Mutual Street_Immobilie zu verkaufen

Eigenschaften

Gebäudefläche netto
247 m²
Baujahr
1960
Grundstücksfläche brutto
199 m²
Gebietsabgrenzung
CR 4.0 (c0.5: r4.0) SS1
Parkplätze
6

Beschreibung

Jones Lang LaSalle Real Estate Services, Inc. is pleased to offer for sale a 100% freehold interest in 75 Mutual Street, Toronto, ON (the “Property” or the “Site”). The Site presents a rare opportunity to acquire a 2,143 square foot (“SF”) lot in the Church-Yonge Corridor, currently improved with an existing three (3) storey, office building totalling 2,655 SF. The Property is located near the intersection of Dundas Street East and Jarvis Street, positioned in proximity to Toronto Metropolitan University (“TMU”), just 10 metres from their flagship HOEM student housing residence building. The Property will be vacant upon closing, offering an opportunity for owner-users looking to acquire a building in the downtown core, or developers looking to take advantage of the acute shortage of student housing options.


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Investment-Highlights

The Site’s strategic positioning just 250 metres from Toronto Metropolitan University, presents an excellent opportunity for a future student housing development. The university, with 46,723 students, currently has a significant shortage of on-campus accommodations, providing only one bed for every 40.8 students in its residence program. The substantial gap in student housing options presents a significant opportunity for potential purchasers to capitalize on the shortfall to generate attractive returns. Current ownership has draft plans for a 24-unit student residence building, with the opportunity to scale through assembling adjacent parcels of land.


75 Mutual Street 4_Immobilie zu verkaufen
75 Mutual Street 4_Immobilie zu verkaufen
75 Mutual Street (0 Objekte)

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Zuletzt aktualisiert
23. Mai 2025