401-415 King Street West

401-415 King Street West, Toronto, Ontario (the “Property” or “Site”) presents an opportunity to acquire a landmark high-rise development site that occupies a highly coveted corner location at the convergence of Toronto’s King West area and Entertainment District. The Property carries an OMB approved settlement permitting a 45-storey, 444,550-square foot ("sf") mixed-use development comprising residential and complementary retail uses at-grade, with flexible zoning that could accommodate hotel uses in the podium levels. The Property benefits from a collective 300 feet of prime frontage along King Street West and Spadina Avenue, and is currently improved with a large-format retail asset and a 6-storey office building that offer the potential for considerable interim holding income prior to redevelopment. The Property provides a prospective purchaser an excellent opportunity to acquire one of the most high-profile residential development parcels in the City.