Land · For sale

1422 Military Trail, Toronto

$1.00

Listing brokerage: CENTURY 21 KING`S QUAY REAL ESTATE INC. · MLS® E13229314

Listing brokerage

CENTURY 21 KING`S QUAY REAL ESTATE INC.

Type

Land

Deal

For sale

Category

Land · Commercial and industrial land

Size

15,080 sq ft

Lot

98.31 x 204.33 ft

Area

Highland Creek

MLS® number

E13229314

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.