4
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$2,675,000
Est. payment /mo
2,143 SqFt
New
75 Mutual ST Toronto C08, ON M5B 2A9
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 2,143 sqft
Price per Sqft $1,248
Subdivision Church-Yonge Corridor
MLS Listing ID C12144795
Annual Tax Amount $40,994
Tax Year 2024
Property Sub-Type Land
Property Description
2,143 square foot site located in the Church-Yonge Corridor, just 250 meters from Toronto Metropolitan University (TMU). Currently improved with a three-story office building totaling approximately 2,655 square feet. Current ownership has draft plans for a 24-unit rooming house, with the potential to scale through assembling adjacent parcels. The site's positioning near TMU, just 10 meters from their flagship student housing complex, offers an opportunity for developers to address the significant shortage of student housing, with the university providing only one bed for every 40.8 students.
Location
Province ON
County Toronto
Community Church-Yonge Corridor
Area Toronto
Zoning CR 4.0
Exterior
Utilities Available Yes
Lot Frontage 20.4
Lot Depth 100.5
Others
Security Features Yes
Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
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