ZONED DEVELOPMENT SITE (GFA: 54,000 SF): Prominently located in the heart of Port Credit, the Property presents the unique opportunity to acquire an OLT Approved 10,000 sf mid-rise development site within one of the GTA's most sought after locations. Approved for an 8-storey, 54,000 sf mixed-use residential building, the Property is positioned steps from the Port Credit GO, Hurontario LRT Station and MiWay bus stop, providing for tremendous transit connectivity, with Downtown Toronto, City Centre and Pearson Airport accessible within a 35 minute commute. Enjoy the many amenities of Port Credit with the marina, waterfront trails, parks, restaurants and boutiques all located within a short walking distance. Positioned within the affluent Port Credit node, the Property is suitable for either a condo or rental development. Site Plan Application has not been submitted providing Purchaser with flexibility to influence the final development, however, significant work has been completed by the Vendor to allow for the quick submission and approval of the Site Plan Application. |
Extras: Opportunity to execute short team leases with current tenants to provide interim holding income in advance of construction. |
Price | $7,990,000 |
Taxes: | $60726.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 128 Lakeshore Rd East , Mississauga, L5G 1E4, Ontario |
Postal Code: | L5G 1E4 |
Province/State: | Ontario |
Legal Description: | PT LT 2, PL PC2 ECR , N/S TORONTO ST AS |
Lot Size: | 66.15 x 152.03 (Feet) |
Directions/Cross Streets: | Lakeshore Road East/Ann Street |
Category: | Multi-Use |
Building Percentage: | Y |
Total Area: | 12482.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 2522 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 9960 |
Retail Area Code: | Sq Ft |
Financial Statement: | N |
Chattels: | N |
Franchise: | N |
Sprinklers: | N |
Outside Storage: | N |
Crane: | N |
Clear Height Feet: | 8 |
Drive-In Level Shipping Doors #: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Elevator Lift: | Frt+Pub |
Sewers: | San+Storm Avail |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
BTG REALTY ADVISORS INC |
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Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Peel |
Municipality: | Mississauga |
Neighbourhood: | Port Credit |
Lot Size: | 66.15 x 152.03(Feet) |
Tax: | $60,726 |