1422 Military Trail,Toronto E10, ON M1C 1A9
Toronto E10, ON M1C 1A9
Description
rime Student Housing Development Opportunity Located Within 750 Metres of the University of Toronto Scarborough Campus (UTSC). Featuring 98 Ft. Frontage On Military Trail And Approximately 15,080 Sq.Ft. Of Land, This Site Is Positioned To Capitalize On The Growing Demand For Purpose-Built Student Housing In One Of Toronto's Most Undersupplied Rental Markets. Architectural Drawings Have Been Completed For A Proposed Six-Storey Student Residence . Purpose-Built Student Housing Is Eligible For CMHC-Insured Construction And Permanent Financing, Offering Investors Access To Competitive Interest Rates, Up To 95% Loan-To-Cost Financing, Extended Amortization Terms, And Stronger Project Economics.Surrounded By Ongoing Redevelopment And Minutes From UTSC, This Is A Rare Opportunity To Develop A High-Demand, Institutional-Grade Rental Asset In A Rapidly Transforming Neighbourhood.
Details
| MLS # | E13229314 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 96 |
| Listing Provided By | CENTURY 21 KING`S QUAY REAL ESTATE INC. | E13229314 034200 |
Features
| SQ Feet | 15,080 |
|---|---|
| Acreage | 0.35 |
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Sanitary+Storm |
Taxes
| Tax Annual Amount | 4969 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PCL 1-2, SEC B2096 ; PT LTS 1 & 2, PL 2096 , COMM WHERE THE NELY LIMIT OF OLD DANFORTH RD AS WIDENED BY SAID PL 2096 IS INTERSECTED BY THE WLY LIMIT OF SAID LT 1; THENCE SELY ALONG THE SAID NELY LIMIT OF OLD DANFORTH RD AS WIDENED, 98 FT 2 IN; THENCE NLY PARALLEL TO THE WLY LIMITS OF SAID LTS 1 & 2, 203 FT 11 1/2 IN MORE OR LESS TO A POINT DISTANT 80 FT SLY FROM THE NLY LIMIT OF SAID LT 2; THENCE WLY PARALLEL TO THE NLY LIMIT OF SAID LT 2, 84 FT 3 1/8 IN MORE OR LESS TO A POINT IN THE WLY LIMIT |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E10 |
| Postal Code | M1C 1A9 |
| Area | Highland Creek |
| Listing VS Median (in M1C 1A9) | |
Price: $1 low | high Med: $1 sqft: 15,080 low | high Med: 15,080 $ / sqft: $0 low | high Med: $0 On site: 96 low | high Med: 96 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E10 |
| Postal Code | M1C 1A9 |
| Area | Highland Creek |
| Listing VS Median (in M1C 1A9) | |
Price: $1 low | high Med: $1 sqft: 15,080 low | high Med: 15,080 $ / sqft: $0 low | high Med: $0 On site: 96 low | high Med: 96 | |
