For Sale

250 Danforth Road, Toronto E04, Ontario M1L 3X3

$12,950,000

250 Danforth Road, Toronto E04, Ontario M1L 3X3 is For Sale and has a listing price of 12,950,000. The property is located in the Toronto E04 . It's been on the website for 129 Days.

  • Land
    Property Type
  • MLS ID: E8166626
  • Office Name COLLIERS MACAULAY NICOLLS INC.
Property Description

Exceptional high density residential land opportunity strategically positioned in a thriving sector of Scarborough, just north of the Warden Avenue and Danforth Road crossroads. Encompassing a substantial 3.4 acres (148,456 SF) over 4 adjacent parcels, the property provides multiple residential development schemes. It is currently approved for high density development with a GFA of 266,617 SF. Vacant, shovel-ready land a mere 12-minute bus ride away from the Warden TTC subway station and Kingston Road being a 5-minute drive south. The property is also between two GO train stations, Scarborough and Danforth station, and is less than a 10-minutes drive away for each.

Property Details
  • MLS ID: E8166626
  • Price: $12,950,000
  • Lot Depth: 500
  • Transaction Types: For Sale
  • Ref ID: E8166626
  • Year Built: N/A
  • Dir / Cross St: Danforth Road/Warden Avenue
  • Tax Year: 2023
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
03/22/2024 E8166626 $12,950,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto E04
  • $1,219,831 Average List Price
    based on 1 year
  • 28 New Listings
    based on 30 days
  • 49 Median Days on Market
    based on 1 year
  • List vs. Selling Price 210.16 % Up
  • Sold (12mo) 83
  • Rented (12mo) 132

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    56.13%
  • Commercial
    15.57%
  • Condo
    28.3%
Additional Details
  • Taxes: $94,794
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 22/03/2024 18:50:29
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