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Markham · York Region · Durham · Toronto
Home / Listings / 240-242 Finch Avenue W, Toronto, ON M2R 1M7
$3,900,000

240-242 Finch Avenue W, Toronto, ON M2R 1M7, Toronto C07

COMMERCIAL · Newtonbrook West · MLS® C14141080

—Bedrooms
—Bathrooms
—Sq ft
—Days on market

About this property

An exceptional residential development opportunity in North York, located at 240-242 Finch Avenue West. The Property features approved plans for a four-storey, purpose-built rental building comprising 41 residential units and approximately 26,339 SF of gross floor area. With a boutique development scale, the Property offers an attractive opportunity for residential developers seeking a manageable investment with potential for future value creation. Developers may also explore opportunities to increase density and gross floor area, subject to municipal approvals. Offered through a court-appointed receivership, this opportunity is well suited to developers seeking to expand their residential portfolio in Toronto.

Mortgage estimate

$16,906Monthly payment
$83,975Land transfer tax

Canadian semi-annual compounding. Estimate only; your lender's terms apply.

Listing brokerage: COLLIERS. Information deemed reliable but not guaranteed.