Being Sold by court appointed receiver Under Power Of Sale, "as-is, where-is" & Without Representation & Warranty. Vendor Financing Available. OPA/ZBA Approved. Final Stage Of Site Plan Approval. Mixed-Use Development Opportunity. 10 Storeys,131 Units & 123,229 GFA. Originally Designed As A Condo, This Site Would Excel As A Seniors Residence Or A Purpose-Built Apartment Complex, Benefiting From Reduced Development Charges. Located In An Established Residential Node, Just North Of Highway 401 & In Proximity To Go Station. Site Consists Of 2 Vacant 1-Storey Commercial Buildings & 1 Vacant Parcel Of Land That Can Be Readily Repositioned For Occupancy, Offering Near Term Cash Flow While Deferring Development/Construction. Municipal Address Includes 27, 29 & 31 Harwood Avenue S.
- MLS®#:
- E12611988
- Property Type:
- Land
- Property Style:
- Area:
- Durham
- Community:
- Central
- Taxes:
- $41,719.36 / 2025
- Added:
- December 09 2025
- Lot Frontage:
- 150
- Lot Depth:
- 218
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- LENNARD COMMERCIAL REALTY
- Lot :
-
218
150
BIG LOT
- Intersection:
- Harwood Ave S / Highway 401
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- No
- Heating Type:
- None
- Heating Fuel:
Listing Details
Insights
- **Mixed-Use Development Potential**: The property is approved for a mixed-use development with plans for 10 storeys and 131 units, making it an attractive investment for developers looking to capitalize on residential and commercial opportunities in a growing area.
- **Vendor Financing Available**: The option for vendor financing provides flexibility for buyers, allowing them to secure the property without the immediate need for full capital, which can enhance cash flow management during the development phase.
- **Strategic Location**: Situated just north of Highway 401 and near a GO Station, the property benefits from excellent accessibility and proximity to established residential neighborhoods, positioning it well for future growth and demand in the housing market.
Neighborhood Overview
Complete neighborhood profile for 27-31 Harwood Avenue S
Central home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Central
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
