Market activity for 143 Forward & 140-144 Hinchey Avenue
No listing history available
This is the first time this property is listed
Transit-oriented development opportunity near Tunney's Pasture. Offered as a three-parcel assembly totalling approximately 18,705 sf spanning the entire block between Forward Ave and Hinchey Ave, strategically located within a Major Transit Station Area between two LRT stations. The assembly consists of 143 Forward Avenue (PIN 040960062), 140 Hinchey Avenue (PIN 040960061) and 144 Hinchey Avenue (PIN 040960073). Zoned N4B, the assembled site offers as-of-right redevelopment potential, with opportunity to pursue additional density through rezoning/planning approvals. Existing improvements include two duplexes, an income-generating parking lot and specialty automotive repair/collision facility, providing holding income while redevelopment plans are advanced. A compelling opportunity to acquire an assembled development parcel in an established, rapidly evolving neighbourhood with exceptional access to rapid transit. Phase II Environmental Site Assessment completed, with all groundwater samples analyzed complying with applicable MECP standards. Brownfield redevelopment incentives may be available, subject to applicable City programs and approvals. Rent roll, income/expense information, environmental summary reports and additional due diligence materials available upon execution of a signed NDA.
18 x 14 Feet
Level: Main
Hardwood Floor, Pot Lights, Combined w/Dining
12 x 10 Feet
Level: Main
Centre Island, B/I Appliances, Quartz Counter
15 x 13 Feet
Level: Upper
5 Pc Ensuite, Walk-In Closet(s), Coffered Ceiling(s)
12 x 11 Feet
Level: Upper
3 Pc Bath, Pot Lights, Walk-In Closet(s)
11 x 10 Feet
Level: Upper
Pot Lights, Hardwood Floor
Provincial Tax (Ontario)
$68,350
