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Centennial Centre

8 Properties Offered at $30,611,954 USD in Toronto, ON

Investment Highlights

  • High exposure location
  • Close to airport
  • Heavy commercialized area

Executive Summary

The subject Property represents an
increasingly rare opportunity for a
developer to secure a significant 11.26
acre future high-density redevelopment
site in an area poised for intensification.
The Vendor has engaged SVN to
develop a realistic planning rationale and
development concepts for the Property,
based on an Official Plan Amendment
to permit residential uses. Preliminary
investigations indicate that the Property
can accommodate a mixed-use
development with building heights ranging
from 5 to 18 storeys. Office uses will be
replaced 1:1, as well as the addition of 1,080
to 1,439 residential units representing a
total gross floor area in excess of 1,329,546
square feet (2.72 FSI).

Property Facts

Price $30,611,954 USD
Price / SF $119.48 USD / SF
Sale Type Investment
Status Active
Number of Properties 8
Individually For Sale 0
Total Building Size 256,209 SF
Total Land Area 73.98 AC
  • Listing ID: 29510439

  • Date on Market: 9/13/2023

  • Last Updated:

  • Address: Centennial Centre, Toronto, ON

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