Investment Property
Partnership or Sale | Approved Mid-Rise Residential Development Opportunity
665-671 Sheppard Avenue, Toronto, Toronto, ON Canada
OVERVIEW
Situated along Sheppard Avenue West in the heart of North York, the Property presents a compelling development opportunity in one of Toronto’s most established and transit-connected urban corridors. The Property benefits from exceptional accessibility, with convenient access to both the Yonge–Sheppard and Downsview transit networks, including TTC subway, bus, and regional transportation services. The surrounding area is highly amenitized and walkable, offering an extensive range of retail, dining, parks, schools, and community facilities within close proximity, while also benefiting from strong connectivity to Highway 401 and major employment nodes across the GTA.
The Site has been advanced through the City of Toronto development application process, with Official Plan and Zoning By-law Amendments being approved in July 2024. The most recent development concept is for a 14-storey, 256 unit mixed-use building with ground floor retail and a total gross floor area of 225,739 square feet and an FSI of 7.41. The residential unit mix consists of one-bedroom, two-bedroom units and three-bedroom units.
The Property is offered on an unpriced basis.
The Site has been advanced through the City of Toronto development application process, with Official Plan and Zoning By-law Amendments being approved in July 2024. The most recent development concept is for a 14-storey, 256 unit mixed-use building with ground floor retail and a total gross floor area of 225,739 square feet and an FSI of 7.41. The residential unit mix consists of one-bedroom, two-bedroom units and three-bedroom units.
The Property is offered on an unpriced basis.