1422, Military, Highland Creek, Toronto, Commercial
- 15080 SQFT
Description
Commercial Land For Sale.
rime Student Housing Development Opportunity Located Within 750 Metres of the University of Toronto Scarborough Campus (UTSC). Featuring 98 Ft. Frontage On Military Trail And Approximately 15,080 Sq.Ft. Of Land, This Site Is Positioned To Capitalize On The Growing Demand For Purpose-Built Student Housing In One Of Toronto's Most Undersupplied Rental Markets. Architectural Drawings Have Been Completed For A Proposed Six-Storey Student Residence . Purpose-Built Student Housing Is Eligible For CMHC-Insured Construction And Permanent Financing, Offering Investors Access To Competitive Interest Rates, Up To 95% Loan-To-Cost Financing, Extended Amortization Terms, And Stronger Project Economics.Surrounded By Ongoing Redevelopment And Minutes From UTSC, This Is A Rare Opportunity To Develop A High-Demand, Institutional-Grade Rental Asset In A Rapidly Transforming Neighbourhood.
Cross Street: Military Trail & Ellesmere Rd
Key Facts
- Days on: 27 days
- Mls Status: New
- Lot Type: Lot
- Lot Width: 98.31
- Building Area Total: 15080 Square Feet
Location 1422, Military, Highland Creek, Toronto
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