48,50 & 52 Newcastle Street
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48,50 & 52 Newcastle Street
3 Industrial Properties in Toronto, ON
Executive Summary
On behalf of KSV Restructuring Inc. in its capacity as court-appointed receiver (the “Receiver”), Colliers Macaulay Nicolls Inc. (the “Advisor”) is pleased to offer for sale a 100% interest in 48, 50 & 52 Newcastle Street, Toronto (the “Property” or “Site”). 48 - 52 Newcastle Street offers a compelling opportunity to acquire a 0.37-acre parcel situated within a major transit station area, boasting significant potential for high-rise development. A preliminary development concept, crafted by SVN Architects, envisions a residential apartment building soaring to 51 storeys. This proposed development would yield a total Gross Floor Area (“GFA”) of 385,294 square feet and accommodate 515 residential units, positioned in one of Etobicoke’s most desirable locales. 48 - 52 Newcastle Street commands attention, occupying a prominent corner lot at the junction of Newcastle and Buckingham. This offering presents a distinct opportunity to procure a residential development site merely 800 meters from the Mimico GO Transit station.
Property Facts
| Sale Type | Investment NNN | Individually For Sale | 0 |
| Status | Active | Total Building Size | 11,349 SF |
| Number of Properties | 3 | Total Land Area | 0.36 AC |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 11,349 SF |
| Total Land Area | 0.36 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 52 Newcastle St, Toronto, ON M8Y 1A3 | Industrial | 4,612 SF | 1961 | - |
| 48 Newcastle St, Toronto, ON M8Y 1A3 | Industrial | 2,849 SF | 1961 | - |
| 50 Newcastle St, Toronto, ON M8Y 1A3 | Industrial | 3,888 SF | 1961 | - |
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48,50 & 52 Newcastle Street
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