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MLS® E12816566

  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $295,112
Days Active 0
Approx. Age 
MLS® Number E12816566

Property Address: 1680 Brimley Rd, Scarborough, ON, M1P3G9

Average square foot calculated using Size range provided by listing agent.

Description

1680 Brimley Road, Scarborough is a fully approved, multi-tower development site at the southwest corner ofBrimley Road and Progress Avenue, immediately west of Scarborough Town Centre. Ontario Land Tribunalapprovals permit up to 1, 509, 100 SF of residential GFA across four residential towers up to 47 storeys, with approximately 1, 591 units, retail, childcare, and a POPS-positioning the asset as a turn-keyopportunity of scale.The Site benefits from Phase 1 Site Plan Approval and Phase 2 is currently under review. Located within theScarborough Centre Secondary Plan area and proximate to the Scarborough Subway Extension, the Site pairsinstitutional-grade entitlement with transit-oriented growth. Offered by TDB Restructuring Limited, Court -Appointed Receiver, on an as-is, where-is basis, 1680 Brimley Road provides execution flexibility across cycles, with rental-led phasing and alternate use pathways enhancing downside protection while preserving long-term value.A rare chance to secure approved density in one of Toronto's fastest-evolving urban nodes. Site Pland Phase 1(Approved): Includes Towers 1 & 2 (38 and 40 storeys), 904 rental units and a shared podium, which are locatedalong the west side of the property. Site Plan Phase 2 (Future): Includes Towers 3 & 4 (up to 47 storeys), the retailspace, a daycare facility, and a central public plaza (POPS). An update to the Public Art Plan must be submittedbefore the first above-grade building permit for Phase Two can be issued.Show Description
MLS® NumberE12816566
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1680 Brimley Rd, Scarborough, ON

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