3312 Danforth Ave, Toronto, M1L 1C4

Listing Overview

Description

3312 Danforth Ave presents an exceptional 10-story mixed-use building development opportunity in a sought-after area of Scarborough. The site is strategically located opposite a park, providing attractive views and green space, with TTC access nearby and downtown Toronto just a short commute away.The property spans 1161.00m with a proposed Gross Floor Area (GFA) of 7232.54m and a Floor Space Index (FSI) of 6.23, offering the flexibility for high-density residential and commercial use. All necessary studies have been completed, and the design package is ready for Site Plan Submission, with the Minor Variance Report prepared for submission to the Committee of Adjustments.This development is available for sale as-is or with Site Plan Approval conditions, providing flexibility for developers looking to move forward quickly or with conditional approvals. The project is well-suited for a condo development or could be transformed into a rental building, with the potential to qualify for CMHC financing, making it a highly attractive option for investors seeking strong returns.This is a rare and valuable opportunity to invest in a prime location with completed studies and a streamlined path to development. Dont miss your chance to be part of this exciting project in Scarboroughs growing urban landscape.

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On Market

Land

Property Type

$9,500 / Year

Est. Taxes

Designated

Style

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Business Type

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Franchise