Being Sold by court appointed receiver Under Power Of Sale, "as-is, where-is" & Without Representation & Warranty. Vendor Financing Available. Site Consists Of 2 Vacant 1-Storey Commercial Buildings & 1 Vacant Parcel Of Land. Permitted uses include day care, medical clinic, office, place of worship, retail & restaurant. Water & gas have been disconnected, but electricity is still connected. Building size is estimated based on civil drawings. Property being sold based on land value & development potential. OPA/ZBA Approved Mixed-Use Development Opportunity. 10 Storeys,131 Units & 123,229 GFA. Located In An Established Residential Node, Just North Of Highway 401 & In Proximity To Go Station. Municipal Address Includes 27, 29 & 31 Harwood Avenue S.
- MLS®#:
- E12611992
- Property Type:
- Commercial Retail
- 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, making it easier to secure funding and potentially reducing upfront costs, which can enhance cash flow management.
- Near-Term Cash Flow Opportunity: With two vacant commercial buildings and a parcel of land ready for occupancy, investors can generate cash flow while deferring development, allowing for strategic planning and investment returns in the interim.
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)
