Caractéristiques de l'actif
Description de l'actif
Jones Lang Lasalle Real Estate Services, Inc. (“JLL”) is pleased to offer for sale 361 Davenport Road (the “Property” or “Site”), a mid-rise development opportunity in the highly coveted Annex neighbourhood of Midtown Toronto. The Site offers excellent visibility to Davenport Road, within walking distance of Yorkville, and is positioned only 400 meters east of the TTC Dupont subway station, providing integrated high-order transit access across the GTA transit network. The Site has been fully approved and permits the development of a 7-storey residential project consisting of 16 luxury units and 1 commercial unit. With limited infill development land availabilities in this preeminent locale, investors and developers can execute on the approved high-end boutique residential building or pursue an alternative commercial or mixed-use development project.
Points clés d'investissement
- 4,333 square feet of prime development land at the intersection of Dupont and Davenport
- Approved high-end residential development with a total gross floor area (“GFA”) of 22,192 sf
- Boutique project in a highly sought-after location
- Flexibility to pursue an alternative commercial or mixed-use development project
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