1422 Military Trail, Toronto (Highland Creek), ON M1C1A9
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Listing Type
Lots/Land
Listing Status
Active
6
$1
Home Details for 1422 Military Trail
Price
$1
Type
Land
Listing #
E13229314
Property Description
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. (id:31684)
Property Features
Listing Courtesy: CENTURY 21 KING'S QUAY REAL ESTATE INC.
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