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17 Rhodes Av

0.25 Acres of Residential Land Offered at $3,915,482 USD in Toronto, ON M4L 2Z8

Investment Highlights

  • Rapidly gentrifying neighbourhood with multiple developments underway
  • City staff support for proposed redevelopment
  • Transit oriented & amenity rich location
  • Redevelopment opportunity comprised of 0.253 acres of land

Executive Summary

0.253 acres of mid-rise development land located on the North side of Queen Street East, East of Rhodes Avenue, in Toronto' s Greenwood - Coxwell neighbourhood. Rapidly gentrifying neighbourhood with multiple developments underway. Transit oriented & amenity rich location. Opportunity to construct strata, multi-family and/or affordable housing. The Vendor, in April 2022 and August 2022 respectively, submitted both their Site Plan Application and Minor Variance Submissions. Currently, the Vendor is in the process of resubmitting and inputting revisions based off final comments from City staff for the approval of a 30 unit, 25,000 square foot multi-res project with a total FSI of 2.27. The Property is currently occupied by a 2-storey building known as the Toronto Gospel Lighthouse Church, which was vacated by the congregation in 2015 and has since been used for storage for local community members.

Property Facts

Price $3,915,482 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.25 AC

1 Lot Available

Lot

Price $3,915,482 USD
Price Per AC $15,661,930 USD
Lot Size 0.25 AC

0.253 acres of mid-rise development land located on the North side of Queen Street East, East of Rhodes Avenue, in Toronto' s Greenwood - Coxwell neighbourhood.

Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (73)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R (Residential Zoning)
R (Residential Zoning)
  • Listing ID: 30975330

  • Date on Market: 2/16/2024

  • Last Updated:

  • Address: 17 Rhodes Av, Toronto, ON M4L 2Z8

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