Prime Development Opportunity at 433 King Street East. Attention Investors & Developers – Don't miss out on this rare opportunity to re-develop in one of the city's most sought-after locations. This high-visibility property is ideally situated in a high foot-traffic area and zoned TOC1, allowing for up to 6 storeys of mixed-use residential and commercial development. Drawings submitted for a proposed 20-unit building, offering a strong foundation for future development. With city incentives available and increasing demand in the area, this is an excellent chance to secure a long-term growth asset for your portfolio. Take advantage of this high-potential site in a thriving urban corridor. Whether you're an experienced developer or new investor, the numbers and location speak for themselves.Property Highlights: Zoning: TOC1 – Mixed-use, up to 6 storeys. Proposed plans: 20-unit residential building. High foot traffic and excellent exposure. Strong long-term growth potential. City incentives available for redevelopment. Seller open to VTB- 90% LTV. Note: The Property is being sold as-is, where-is. Buyer to conduct their own due diligence regarding zoning, use, and development potential. Please do not walk the property. (id:51532)
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