17 Rhodes Avenue

$5,500,000
Mid-Rise Mixed Use Redevelopment

43.6669359, -79.3176428

Main Intersection
Queen Street E & Coxwell Avenue
Location
Toronto
Address

17 Rhodes Ave
Toronto ON M4L 2Z8
Canada

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Land Information

Total Size
0.253 acres
Frontage
100 ft
PIN #
210390374
Property Highlights

• Rapidly gentrifying neighbourhood with multiple developments underway
• Transit oriented & amenity rich location
• City staff support for proposed redevelopment
• Opportunity to construct strata, multi-family and/or affordable housing

Details

Lennard Commercial Realty (“the Advisors”) have been exclusively retained by their client (“the Vendor”) to coordinate the sale of a redevelopment opportunity comprised of 0.253 acres of land located on the North side of Queen Street East, East of Rhoades Avenue, in Toronto’s Greenwood - Coxwell neighbourhood, municipally known as 17 Rhodes Avenue in the City of Toronto, Ontario with PIN #210390374 (“the Property”).

Planning Context

Vendor, in April 2022 and August 2022 respectively, submitted both their Site Plan Application and Minor Variance Submissions. Currently, the Vendor is in the process of resubmitting and inputting revisions based off final comments from City staff for the approval of a 30 unit, 25,000 square foot multi-res project with a total FSI of 2.27. The Property is currently occupied by a 2 ½ - storey building known as the Toronto Gospel Lighthouse Church, which was vacated by the congregation in 2015 and has since been used for storage for local community members.

Opportunity

The Advisors, on behalf of the Vendor, are soliciting an owner-occupier, a developer, or a building firm to submit Agreements of Purchase and Sale. A data room has been prepared, please contact Lennard for access. The Property is being sold on an “as is, where is” basis and offers will be reviewed on a “first come, first served” basis.

Building Information

Details