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$5,500,000
Available - For Sale
Listing ID: E12276286
Commercial & Residential property RARE FIND. This remarkable high-traffic corner property offers and exciting redevelopment opportunity for both commercial and residential uses. Measuring an impressive 60 by 100 feet, the site is ideally suited for a wide range of developments thanks to its versatile zoning;Subject holds a right of way over the adjacent TEN properties (3539, 3541, 3543, 3545, 3547, 3549, 3551, 3553, 3555 and 3557 St. Clair Ave E) to allow the subject curb ramp access throughout the subject plaza (three ingress/egress points and rights to use surface parking). Key Features:Walking distance to the upcoming Scarborough GO Station, making it highly accessible and transit-oriented.Situated on a bustling corner, this property benefits from maximum exposure and foot traffic.Ownership includes 20 designated parking spaces, enhancing convenience for both tenants and customers.Flexible Interior: The main level boasts soaring 20-foot ceilings and two distinct enclosuresideal for custom-built designs tailored to your unique vision.This site presents the opportunity to construct a purpose-built, mixed-use development that capitalizes on space efficiency, visibility, and long-term value.Future Growth: With over 15,000 new residential units projected to enter the surrounding area in the coming years, demand for mixed-use developments will be at an all-time high. Including 5.6 Million sqft Scarborough Junction Master Plan community. This property is strategically positioned to benefit from the significant transit-oriented growth in the region.The total land making up all aforesaid adjacent parcels is approximately 40,246 sqft. In the event of a land assembly for redevelopment of the adjacent parcels over which the subject holds the right of way, the subject owner(s) would voluntarily have to release the aforementioned right of ways to give way for the future use. Opportunity to make an excellent investment + the SELLER IS MOTIVATED!!
Price $5,500,000
Taxes: $14,687
Tax Type: Annual
Occupancy by: Vacant
Address: 3537 St Clair Aven East , Toronto, M1K 1L6, Toronto
Postal Code: M1K 1L6
Province/State: Toronto
Directions/Cross Streets: St Clair Ave E/Kennedy Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 4,200
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sprinklers: Yes
Outside Storage: T
Clear Height Feet: 20
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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VERTICAL MARKETING REALTY

3537 St Clair Aven East , Toronto, M1K 1L6, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-981-7184

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E04
Neighbourhood: Clairlea-Birchmount
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Lot Size: x 100.00(Feet)
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Tax: $14,687
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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