930 ALBION ROAD, Toronto, Ontario
$6,888,000
- 55,613 Square Feet
Zoned for a Mid-Rise rental building. Currently vacant land. Potential to assemble with another adjacent parcel listed for $2.9M. Great location across from Shoppers Drug Mart, Grow Fitness, Mr. Lube etc. Application already submitted for 7 storey 65 units apartment building a total of 56,000 sqft with some affordable units. No property taxes and no development fees on the affordable units. The owner already approved a government grant for $1,200,000 that can be used towards the construction of the building. There is potential to get 95% financing for the development trough the MLI select program with some of the best financing terms 45-50 yrs amortization and the lowest interest rate on the mortgage. (id:56241)
- Listing ID: W12233250
- Property Type: Vacant Land
Schedule a Tour
Schedule Private Tour
Are you looking for a private viewing? Schedule a tour with one of our Toronto real estate agents.
Match your Lifestyle with your Home
Let us put you in touch with a REALTOR® who specializes in the Toronto market to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let one of our Toronto real estate agents help you find a property to match your lifestyle.

Listing provided by RIGHT AT HOME REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 930 ALBION ROAD in Toronto Ontario. It was last modified on June 20th, 2025. Contact us to schedule a viewing or to discover other Toronto real estate for sale.