Apartment Buildings with Development Potential At Gamble Ave. East York East York (Toronto, Ontario, CA ) Built

$8,400,000

Dencor Realty, Inc.

Dennis Alexander Dennis Alexander (844) 953-1100 Ext 1 (Office) (416) 953-1100 (Cell) (416) 410-1100 (Fax) Request More Info

  • Type: Residential
  • Style: Single Story
  • Development Level: Built

Description

− 28-unit apartment building
− 15 units recently renovated and separately metered
− Pending 4.5% AGI application
− Ability to construct four additional bachelor units within existing building envelope
- Steps to the future Ontario Line/Cosburn station
− High-rise development site with many neighbouring high density applications (27 storeys) recently submitted
− Designated Apartment Neighbourhood, supporting intensification
− Can be purchased together or separate. 5 other buildings can also be purchased as part of a portfolio

Development Concept
- Options to construct additions to the existing building ranging up to 6 floors, 52 units, and 35,432 ft2 of Gross Floor Area
− High-rise development site with many neighbouring high density applications (27 storeys) recently submitted
− Designated Apartment Neighbourhood, supporting intensification

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