1122 Islington Ave

Other Areas, AL

This exciting development opportunity in the desirable area of Etobicoke currently has an application to build 7 townhouses, with a totalbuildable gross foor area of 14,863 square feet. Site plan approval for this 7-townhouse proposal is estimated to be completed in the Fall of2024. If you're looking for a larger project, consider the potential for a 6-storey, up to 60-unit mid-rise building, by right, under the City ofToronto's "Major Streets" Zoning By-Law Amendment initiative. This 67.48 ft by 131.43 corner is situated between luxury townhousedevelopments by Plaza to the North and Dunpar South. Developers have been taking notice of the demand for high-end homes in this pocket fordecades. The top-notch location offers easy access to all the amenities, including numerous parks, transit options, schools, shopping centers,and restaurants. The 1557 sq ft detached home is currently used as a short-term rental, which could provide income while applying for buildingpermits. Transit is at the front door with a short trip to the Bloor Subway line and it's just minutes to the Gardiner. Directly to the South of the siteis the Islington Parkette, which will provide additional privacy between the proposed properties and the Dunpar development. The area providesa perfect mix of urban convenience and suburban charm.

This is an Active listing.

Broker Office Phone Number: 905-812-8123

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