Great opportunity. Ready to go site plan approved 4 storey building with 67 residential condo units. Excellent location on Yonge St. Close to Kempenfelt Bay, Go Stations, schools and amenities. Units range from 1 br at 740 sf to 3 br of 1350 sf. Majority of units are 2 br of 940 sf. Units are efficiently designed and well suited for owner occupiers. All plans (including engineering, mechanical, landscaping) and studies are available. Excellent opportunity to take advantage of HST relief. Potential to add density based on current comparable properties.
- MLS®#:
- S13452482
- Property Type:
- Land
- Property Style:
- Area:
- Simcoe
- Community:
- Painswick North
- Taxes:
- $12,649.88 / 2026
- Added:
- June 16 2026
- Lot Frontage:
- 234
- Lot Depth:
- 255
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- ARLINGTON COMMERCIAL PROPERTIES INC.
- Lot :
-
255
234
BIG LOT
- Intersection:
- Yonge St & Little Ave
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Heating Type:
- Heating Fuel:
Listing Details
Insights
- Approved Development Plans: The property comes with a site plan approved for a 4-storey building featuring 67 residential condo units, streamlining the development process for potential investors.
- Prime Location: Situated on Yonge Street, the property is in close proximity to Kempenfelt Bay, Go Stations, schools, and various amenities, making it an attractive option for future residents.
- Potential for Increased Density: There is an opportunity to add density based on current comparable properties, which could enhance the value and return on investment for the buyer.
Neighborhood Overview
Complete neighborhood profile for 481 Yonge Street
Painswick North home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Painswick North
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
