930 Albion Road, Toronto W10, ON Image 1

$6,888,000

Land For Sale
MLS - #W12233250
Jun 28- By RIGHT AT HOME REALTY

930 Albion Road, Toronto W10, ON M9V 1A4

Bed
Bath
55613.2 Sqft.

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

55613.2 Sqft

About 930 Albion Road

Zoned for a Mid-Rise rental building. Currently vacant land. Potential to assemble with another adjacent parcel listed for $2.9M. Great location across from Shoppers Drug Mart, Grow Fitness, Mr. Lube etc. Application already submitted for 7 storey 65 units apartment building a total of 56,000 sqft with some affordable units. No property taxes and no development fees on the affordable units. The owner already approved a government grant for $1,200,000 that can be used towards the construction of the building. There is potential to get 95% financing for the development trough the MLI select program with some of the best financing terms 45-50 yrs amortization and the lowest interest rate on the mortgage.

Home Overview

Last updated

Jun 28

Virtual tour

None

Basement information

Building size

55613.2

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
688800000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 930 Albion Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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