930 Albion Road, Toronto W10, Ontario M9V 1A4 is For Sale and has a listing price of 6,888,000. The property is located in the Toronto W10 . It's been on the website for 38 Days.
Zoned for a Mid-Rise rental building. Currently vacant land. Potential to assemble with another adjacent parcel listed for $2.9M. Great location across from Shoppers Drug Mart, Grow Fitness, Mr. Lube etc. Application already submitted for 7 storey 65 units apartment building a total of 56,000 sqft with some affordable units. No property taxes and no development fees on the affordable units. The owner already approved a government grant for $1,200,000 that can be used towards the construction of the building. There is potential to get 95% financing for the development trough the MLI select program with some of the best financing terms 45-50 yrs amortization and the lowest interest rate on the mortgage.
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
06/19/2025 | W12233250 | $6,888,000 | For Sale | - | - |