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1422 Military Trail, Toronto

$1

Status

For Sale

Price

$1

Category

Commercial

Size

15,080 SF

Neighbourhood

Highland Creek, Toronto

Address

1422 Military Trail, Toronto, ON

About this listing

rime Student Housing Development Opportunity Located Within 750 Metres of the University of Toronto Scarborough Campus (UTSC). Featuring 98 Ft. Frontage On Military Trail And Approximately 15,080 Sq.Ft. Of Land, This Site Is Positioned To Capitalize On The Growing Demand For Purpose-Built Student Housing In One Of Toronto's Most Undersupplied Rental Markets. Architectural Drawings Have Been Completed For A Proposed Six-Storey Student Residence . Purpose-Built Student Housing Is Eligible For CMHC-Insured Construction And Permanent Financing, Offering Investors Access To Competitive Interest Rates, Up To 95% Loan-To-Cost Financing, Extended Amortization Terms, And Stronger Project Economics.Surrounded By Ongoing Redevelopment And Minutes From UTSC, This Is A Rare Opportunity To Develop A High-Demand, Institutional-Grade Rental Asset In A Rapidly Transforming Neighbourhood.

Listing courtesy of CENTURY 21 KING'S QUAY REAL ESTATE INC., distributed via CREA’s REALTOR.ca® Data Distribution Facility. Gitalis Real Estate is not the listing brokerage, we’re happy to represent you as your agent on this property.