Active
464-468 Winona Dr
Toronto Ontario, M6C 3T7
$19,900,000
$923.50 per sqft
Active
0.49 Acres
Land
The Location is ideal for the Proposed Development of a 200-unit, Eleven-story Rental Apartment Building, currently in the planning phase. This optimal utilization of the land is now absolutely supported by Toronto's municipal policies that focus on increasing Rental Housing availability to address the current housing crisis.Hence the previously approved townhouse project is no longer the Highest and Best Use of the land. The Land has been recently Appraised at $25,100,000 in as-is condition, mirroring its value with respect to the Proposed Development. According to the Appraisal Report, the completed building can generate over $5,000,000 Rental Income per year.
C7401202
MLSⓇ ID
April 18, 2024
Updated
Map
464-468 Winona Dr
Toronto Ontario, M6C 3T7
Exterior/Building Features
Lot Size
0.49 Acres
Sewer
SanStorm
Other Property Details
Area Name
Oakwood Village
Taxes
$16,868
Tax Frequency
Annually
Garage
No
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Zoning
RM
Listing History
Date | Event | Price |
---|---|---|
4/17/2024 | Price Change | $19,900,000 -21% |
Courtesy of Listed by , FOREST HILL REAL ESTATE INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 1:07 PM UTC, 4/18/2024