
1422 Military Trail
Toronto E10, ON, M1C 1A9
Community:Highland Creek
Asking Price
$1
Frontage
98.31 ft.
Lot Depth
204.33 ft.
Square Foot
15,080 ft.
Lot Area
Zoning
Commercial
1422 Military Trail, Toronto E10, M1C 1A9
Property Description
Original Remarks
rime Student Housing Development Opportunity Located Within 750 Metres of the University of Toronto Scarborough Campus (UTSC). Featuring 98 Ft. Frontage On Military Trail And Approximately 15,080 Sq.Ft. Of Land, This Site Is Positioned To Capitalize On The Growing Demand For Purpose-Built Student Housing In One Of Toronto's Most Undersupplied Rental Markets. Architectural Drawings Have Been Completed For A Proposed Six-Storey Student Residence . Purpose-Built Student Housing Is Eligible For CMHC-Insured Construction And Permanent Financing, Offering Investors Access To Competitive Interest Rates, Up To 95% Loan-To-Cost Financing, Extended Amortization Terms, And Stronger Project Economics.Surrounded By Ongoing Redevelopment And Minutes From UTSC, This Is A Rare Opportunity To Develop A High-Demand, Institutional-Grade Rental Asset In A Rapidly Transforming Neighbourhood.
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1422 Military Trail
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