930 Albion RoadToronto W10, Toronto, ON, M9V 1A4
930 Albion RoadToronto W10, Toronto, ON, M9V 1A4
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Listing History
Buy/sell history for 930 Albion Road, Toronto W10, ON M9V 1A4
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Toronto W10
Description
Zoned for a Mid-Rise rental building. Currently vacant land. Potential to assemble with another adjacent parcel listed for $2.9M. Great location across from Shoppers Drug Mart, Grow Fitness, Mr. Lube etc. Application already submitted for 7 storey 65 units apartment building a total of 56,000 sqft with some affordable units. No property taxes and no development fees on the affordable units. The owner already approved a government grant for $1,200,000 that can be used towards the construction of the building. There is potential to get 95% financing for the development trough the MLI select program with some of the best financing terms 45-50 yrs amortization and the lowest interest rate on the mortgage.
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$6,888,000
List price