Description

200 David Dunlap Circle, Toronto, Ontario is a rare opportunity to acquire a partially serviced 2.06-acre development site that has planning approvals in-place for a 63-unit freehold townhouse project comprising 115,518 square feet ("sf"), with a more recent 'TLAB' approval for increased density of up to 75 units totaling 142,072 square feet of gross floor area, and potential to further increase to 79 units by dividing the larger corner lots through a Minor Variance application. The Property is located in Toronto's Don Mills area within an established residential neighbourhood proximate to CF Shops at Don Mills, the Don Valley Parkway, Don Valley LRT Station and several retail and community amenities. Significant entitlement work has been completed to date by the developer, as well as key preliminary items, including construction of the internal roadway, installation of municipal services, payment of a portion of Development Charges and satisfaction of requirements for parkland dedication and storm water management ("SWM") runoff by way of a SWM pond.

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