Redevelopment Site Near Bayview Village Hits Market For $19M

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Zakiya is a staff writer with STOREYS. She has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.

Compellingly, the property is just five minutes away from Bayview Village, which is the site of a massive redevelopment project that is sure to give real estate in the surrounding area something of a boost.A residential redevelopment opportunity is up for grabs in North York — if you have nearly $19M to spare, that is.

Even more compellingly, the property is just five minutes away from Bayview Village, which is the site of a massive redevelopment project that is sure to give real estate in the surrounding area something of a boost. The Bayview Village project is ushering much more density into uptown Toronto after all, in the form of six new condo and purpose-built rental towers that will be integrated into the existing shopping centre through adaptive reuse.

Although a definitive selling price hasn’t been specified by Cushman & Wakefield — the commercial real estate firm only says that the price is “negotiable” — realtor.ca has the propertyExisting residential building on the site Nonetheless, this means that there are some good investment opportunities to be had, if you’re in the position for a big-ticket purchase.The pre-offer period BCREA is pushing for would allow buyers to do due diligence before making an offer, rather than after an offer has been accepted.Lush Two-Parcel Land Listing Hits Market In Honey Harbour

 

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