1422 MILITARY TRAIL
Toronto (Highland Creek), Ontario
MLS® E13229314
$1
- Status
- Active
- Property type
- Vacant land
- MLS® number
- E13229314
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 6Listing 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.
Property summary
- MLS® number
- E13229314
- Property type
- Vacant Land
- Square footage
- 15,080 sq ft
- Land size
- 98.31 x 204.33 FT
- Annual property taxes
- $4,969.00
- Days on market
- 101 days
What would this home cost you?
Based on the $1 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 KING'S QUAY REAL ESTATE INC., MARKHAM.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.