CAONScarboroughClairlea-Birchmount3537 St Clair Ave E

3537 St Clair Ave E, Home with 0 bedrooms, 0 bathrooms and null parking in Scarborough ON | Image 1

$5,500,000

3537 St Clair Ave E, Scarborough, ON

Name: 3537 St Clair Ave E, For Sale in Scarborough - eXp Realty
Brand: vertical marketing realty
SKU: E12276286
Price: 5500000 CAD

Real Estate

For Sale

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Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $14,687

Days Active 20

Approx. Age

MLS® Number E12276286

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Commercial & Residential property RARE FIND. This remarkable high-traffic corner property offers and exciting redevelopment opportunity for both commercial and residential uses. Measuring an impressive 60 by 100 feet, the site is ideally suited for a wide range of developments thanks to its versatile zoning;Subject holds a right of way over the adjacent TEN properties (3539, 3541, 3543, 3545, 3547, 3549, 3551, 3553, 3555 and 3557 St. Clair Ave E) to allow the subject curb ramp access throughout the subject plaza (three ingress/egress points and rights to use surface parking). Key Features:Walking distance to the upcoming Scarborough GO Station, making it highly accessible and transit-oriented.Situated on a bustling corner, this property benefits from maximum exposure and foot traffic.Ownership includes 20 designated parking spaces, enhancing convenience for both tenants and customers.Flexible Interior: The main level boasts soaring 20-foot ceilings and two distinct enclosuresideal for custom-built designs tailored to your unique vision.This site presents the opportunity to construct a purpose-built, mixed-use development that capitalizes on space efficiency, visibility, and long-term value.Future Growth: With over 15, 000 new residential units projected to enter the surrounding area in the coming years, demand for mixed-use developments will be at an all-time high. Including 5.6 Million sqft Scarborough Junction Master Plan community. This property is strategically positioned to benefit from the significant transit-oriented growth in the region.The total land making up all aforesaid adjacent parcels is approximately 40, 246 sqft. In the event of a land assembly for redevelopment of the adjacent parcels over which the subject holds the right of way, the subject owner(s) would voluntarily have to release the aforementioned right of ways to give way for the future use. Opportunity to make an excellent investment + the SELLER IS MOTIVATED!!Show Description

MLS® NumberE12276286

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age

Stories

Pets

Corp Number

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatGas Forced Air Closed

A/CYes

Heating Fuel

Extras

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