75 Mutual ST new

Toronto C08,ON M5B 2A9

$ 2675000

- Bed

- Bath

2143 SqFt


Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,143 sqft

Price per Sqft $1,248

Subdivision Church-Yonge Corridor

MLS Listing ID C12144795

Annual Tax Amount $40,994

Tax Year 2024

Property Sub-Type Land

Property Description

2,143 square foot site located in the Church-Yonge Corridor, just 250 meters from Toronto Metropolitan University (TMU). Currently improved with a three-story office building totaling approximately 2,655 square feet. Current ownership has draft plans for a 24-unit rooming house, with the potential to scale through assembling adjacent parcels. The site's positioning near TMU, just 10 meters from their flagship student housing complex, offers an opportunity for developers to address the significant shortage of student housing, with the university providing only one bed for every 40.8 students.

Location

Province ON

County Toronto

Community Church-Yonge Corridor

Area Toronto

Zoning CR 4.0

Exterior

Utilities Available Yes

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