1354-1360 Queen Street West and 8-14 Brock Avenue, Toronto, Ontario represents an excellent opportunity to acquire a mid-rise development site in Toronto's Queen West neighbourhood with zoning entitlements in place. Located 300 m west of the intersection of Queen Street West and Dufferin Street, future residents will benefit from excellent public transit access and a number of desirable neighbourhoods easily accessible from the Property. The Vendor has successfully completed Zoning By-law Amendment and Official Plan Amendment applications for the Property to permit a 12-storey mixed-use redevelopment of the Site comprising 152,277 square feet of gross floor area, including 221 residential units and 3,402 square feet of retail space at grade. The Property is currently improved with commercial and residential buildings occupied by various tenants that provide interim cash flow, with lease termination clauses allowing for near-term development. The Property is being offered free and clear of existing financing, with the Vendor open to providing financing for qualified purchasers.
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