$6,888,000
930 Albion Road, Toronto W10, ON M9V 1A4
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
Price Comparison
Location
Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Albion Road
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