1629 Sheppard Ave, Toronto, Ontario, M3M 2X4

Description

The Property includes a zoning-approved residential redevelopment opportunity in the established Downsview neighbourhood, on the Southeast corner of Sheppard Avenue West and Seeley Drive. The development concept permits seven 3-storey homes, comprising three pairs of semi-detached homes and one detached home. With zoning approvals in place, the Property presents an approved development opportunity. The Site benefits from strong transit connectivity with TTC bus routes 94/984A operating along Sheppard Avenue West (bus stop in front of the Property)providing access to Sheppard West Station and Downsview Park Station, connecting residents to TTC Line 1 and GO Transit. The Property is also immediately west of Downsview Park with access to extensive parkland, trails, recreational facilities, and the broader Black Creek and future Downsview cycling networks. Surrounded by established residential communities, schools, retail, services and significant ongoing investment throughout the broader Downsview area, the Property is well positioned to benefit from the continued evolution and intensification of this growing community. The subject Site has a zoning approved development concept to permit seven (&) dwelling units with a total of 13,346 square feet of finished area (includes the basement). The current plan would permit the redevelopment of the subject Property with seven 3-storey (13 metre high) residential units contained in 3 sets of semi-detached houses and 1 detached house fronting Sheppard Avenue West. Vehicular access would be via a private common driveway from Sheppard Avenue West. A multi-use path is proposed along the entire frontage of the proposed development and would connect with a future Downsview cycling path on the east of the site, along Sheppard Avenue West. The 12 concrete blocks located on-site are included in the sale and shall be converted to the Buyer as part of the Property.