The Opportunity
Develop your dream residential project leveraging the professional package of reports and studies submitted for the recent successful rezoning of this site. Approved TD1 zoning supports 6-storeys in a convenient transit-oriented development node adjacent to Cyrville Transit Station that is poised for growth…
The Property
Income generating triplex on an oversized lot (100x150ft) with additional outdoor office building, outdoor storage lockers, and large fenced storage yard. Normalized income of approximately 68k/year. Highlights include a 5 minute walk to LRT, and many services and amenities on the doorstep of this rapidly intensifying area…
Site Context
This east-end mixed-use node is pre-defined to increase in density through the City’s Secondary Plan. Intensification initiatives include targets for designing and increasing pedestrian, cycling and green space networks as well as requirements for active street frontages along Cyrville Road. This is a densifying area with supportive planning policy to create an active and fully serviced future community…
The Highlights
Development Concepts
2 Concept Packages Available
6-Storey Building with 45 Units
Concept 1: Full architectural package submitted as part of the rezoning requirement (TD1)
1
6-Story Building with 67 Units
Concept 2: Revised concept reimagining the unit mix and operation of the building.
Property Details
This property has potential normalized cash flow of approximately 61k from five income-generating units;
Mixed-use with commercial and residential.
Three 2-bed apartments, 1 separate office building and large fenced storage yard.
Main building has plenty of surface parking for all tenants.
UNIT 1
Spacious and newly renovated two bedroom basement apartment.
Large open plan kitchen and family room area. Full 3 piece bathroom.
This unit comes with an outdoor storage unit and 2 dedicated parking spaces.
- Separate entrance.
- In-suite laundry.
- Central heat and AC.
- Utilities and water included.
- Approximately 842sf.
- Located less than 400m to the Cyrville Transit Station.
- Storage Shed: 1 Storage Unit included
- Parking: 2 spaces (included)
UNIT 2
UNIT 3
OFFICE
YARD
Site Photos
GET IN TOUCH
Jane became a licensed realtor to deepen her real estate expertise and capitalize on the joy that comes from meaningfully connecting people to opportunities. In addition to assisting clients with residential and commercial real estate, Jane is a development management consultant with experience managing large, complex projects like the “Farm Boy” building in Westboro (100M project). Experience with mixed-used, residential, commercial, retail and heritage properties.
613-620-3625 jane@kirch.ca