$8,699,000

Property being sold on an "as-is, where-is" basis under power of sale provisions. Unique opportunity to acquire a substantially renovated 4-storey building with ground floor/basement commercial space and 18 apartment units on upper floors. The approximately 25,000 square foot site also has zoning approvals and servicing in place for the development 12 townhouse units on the rear of the lot. Preliminary steps have been taken to explore up-zoning the development to a mid-rise development. The property is located directly across the street from the Mimico GO Station and is a short walk to shops and restaurants on Royal York.