Toronto
Detached in Toronto
$2,458,000
290 SHEPPARD AVENUE W, Toronto, M2N1N5
MLS Number: C13832614
Beds
4
Baths
3
Listing
For Sale
Type
Detached
Square Feet
2,500 - 3,000
Rare Redevelopment Opportunity At 290 Sheppard Ave W In Prime North York! Excellent Site For Investors, Builders And Developers Seeking A Boutique Mid-Rise Residential Development Opportunity Along The Sheppard Corridor. Approximately 6,250 Sq. Ft. Lot With Excellent Sheppard Ave W Frontage And Existing Zoning Framework Supporting A 6-Storey Development With An FSI Of Approximately 2.5. Conceptual Residential Design Illustrates The Potential For An Approximately 38-Unit Boutique Hotel Residence, Subject To Required Municipal Site Plan Approvals. Minutes To Yonge & Sheppard, Subway, Hwy 401, Shopping, Restaurants, Schools And Neighbourhood Amenities. Existing Architectural And Development Materials Available For Review. Residential Rendering Is Conceptual Only. Buyer To Conduct Their Own Due Diligence And Verify All Zoning, Density, Uses And Development Potential.**** Commercial uses permitted in CR include things such as Office, Medical Office, Financial Institution, Personal-Service Shop, Wellness Centre, Art/Artist Studio, Education uses and other commercial/community uses; ****
Location
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290 SHEPPARD AVENUE W, Toronto, M2N1N5
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Down Payment
$491,600
Mortgage Amount
$1,966,400
Principal + Interest
$11,370 / mo
5-Year Term Payments
$682,182
Estimated Monthly Carrying Cost
$12,020
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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