- For Sale -

975 Danforth Ave

For Sale

Property Description

InTrust. is thrilled to offer for sale 975 Danforth Avenue a ZONING APPROVED 51-UNIT PLUS RETAIL, 9 STOREY DEVELOPMENT SITE (known as the “Site” or “Property”) in the City of Toronto. Located at the southeast corner of Danforth Avenue and Euston Avenue, this 0.148-acre Site represents a prime infill residential development opportunity in the vibrant Greektown – Riverdale neighbourhood. The Vendor has recently received approval on the Zoning By-Law Amendment (“ZBA”) that allows for a 9 storey building with a maximum Gross Floor Area (“GFA”) of 46,254.67 square feet (4,297.2 square meters) and 51 residential units with flexible retail space at grade to be built on the Site. A formal Site Plan Application was submitted by the Vendor in spring-2022 and is to be completed by the Purchaser, providing the opportunity to make final design changes. Architectural plans and other project information is available to qualified buyers upon signing a CA. The Site is highly desirable as it is directly across the street from the Donlands Subway Station & 500 Meters away from the Pape Subway Station a new Ontario Line Station that provides direct access to Union Station in Downtown Toronto.