4155 Yonge Street Toronto, Ontario M2P 1N6

$10,900,000

Signature development opportunity on prestigious Yonge Street, just north of York Mills, within the highly sought-after St. Andrew-Windfields community. This approximately 0.8-acre site (PINs 101030158 & 101030225) is ideally located approximately 350 metres from York Mills Subway Station and 500 metres to Highway 401, offering excellent access to North York Centre, Midtown, and Downtown Toronto.The property benefits from Ontario Land Tribunal-approved Official Plan and Zoning By-law amendments, permitting a residential apartment development of up to 30 dwelling units, with a maximum permitted gross floor area of approximately 7,200 square metres (77,500 sq ft), together with site-specific development standards that provide a high degree of planning certainty.A conceptual site plan has previously been prepared to illustrate development potential; however, such plans are not City-approved and are provided for illustrative purposes only. Buyers and cooperating agents are advised to independently verify all planning, zoning, site plan, building envelope, unit count, gross floor area, and development parameters with the City of Toronto and their professional consultants.Surrounded by established high-income neighbourhoods and in close proximity to top-ranked schools, transit, and major employment nodes, this prime Yonge Street location offers exceptional long-term value for both condominium and purpose-built rental development.The property is being sold under Power of Sale, on an "as-is, where-is" basis. Neither the Seller nor the Listing Brokerage makes any representations or warranties with respect to future development approvals. All information provided is subject to Buyer and Buyer's agent due diligence, including confirmation of planning approvals, site plan approval requirements, environmental conditions, servicing, and financing. (id:58671)

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https://www.realtor.ca/real-estate/29149588/4155-yonge-street-toronto-st-andrew-windfields-st-andrew-windfields