8885 Sheppard Avenue E, Toronto, Ontario M1B 5R7

Listed for:
$6,000
0 beds
0 baths
Listed 137 days ago
8885 Sheppard Avenue E, Toronto, Ontario M1B 5R7

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Listing provided by:
EXP REALTY
MLS® number:
E7373986
Agent:
Gautam Paul
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About

Designated Mixed Use Land With 305 Feet Of Frontage On Sheppard! . Sheppard Ttc Bus At The Door, Existing Flower and stone business could be run for another 2/3 years until the owner get permits to build a 11 Storied condo building with 112 units waiting to submit and get approval. And Minutes To The 401. Lot Is Currently Being Used As A Landscaping Yard Center. Clean Phase 1 Available. Currently Zoned Industrial(M), But Designated Mixed Use Under The Official Plan. (id:27476)

Property Highlights

Type
Cooling type
Fully air conditioned
Heating fuel
Natural gas
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Located on Sheppard, this designated mixed-use land boasts an impressive 305 feet of frontage. With the Sheppard TTC bus at the doorstep and easy access to the 401, this property is in a prime location. Currently being used as a landscaping yard center, the lot is clean and has a Phase 1 available. Although it is currently zoned as industrial, it is designated as mixed-use under the official plan.

Furthermore, the existing flower and stone business could continue for the next 2-3 years while the owner obtains permits to build an 11-story condo building with 112 units. The plans are ready to be submitted and await approval, making this property an attractive investment opportunity.

For those interested in renting this property, it offers a land size of 304.64 x 167.06 FT and is fully air-conditioned. Situated at 8885 Sheppard Ave E in the city of Toronto, Ontario, with a postal code of M1B5R7, it is located in the community of Rouge E11.

Street Spotlight - For lease