Situated at the NE corner of Yonge St and Silverwood Ave, the Property represents a 1.49-acre site with future redevelopment potential that is presently occupied by Shell Canada until May 2029, providing meaningful holding income. The Site allows for a maximum height of 8 storeys and a maximum density of 2 times coverage, which represents approximately +/-129,705 sq. ft. of buildable area. As per the Official Plan, in addition to medium density and high density residential uses, office, commercial, major retail and retail uses are also permitted. The offer submission date is Tuesday July 23rd 2024 by 3pm EST