767 Royal York Road Sold Invalid date

Toronto, Stonegate-Queensway, M8Y 2T3

$1$000000

Description

Listed by CUSHMAN & WAKEFIELD.

The Property is currently improved with a 3-storey senior residence with at grade parking. The Property is available for sale as-is and will be sold subject to a short-term sale leaseback which will allow the vendor to conclude their business operations at the premises. The target leaseback term is 18-months, however all business terms to be negotiated. The Property can be retrofitted for an alternative use and is well suited for a residential addition/ redevelopment. Preliminary planning investigations undertaken by the Vendor indicate that the site can accommodate a 3-storey addition along the existing footprint of the building along with a new 6-storey component of the building closer to Royal York Road. The potential addition and retrofit would have a total gross floor area of 83,313 square feet and 118 residential units.

Location

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  • Address: 767 Royal York Road
  • Neighborhood: Stonegate-Queensway
  • City: Toronto
  • State: Ontario
  • Postal Code: M8Y 2T3

Property Details

  • Property ID: W8173314
  • Property Price: $1
  • Style: Commercial/Retail, Institutional
  • Garage: Outside/Surface
  • A/C: Part
  • Elevator: Frt+Pub
  • Heating: Other
  • Taxes: $0.00 (2024)
  • Lot: 325.44x280.03 (Feet)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100