C$2,458,000

Exceptional Development Opportunity On Sheppard Ave W In The Heart Of North York! Prime Site For Developers, Builders And Investors Along The Highly Desirable Sheppard Corridor. Situated On An Approx. 6,250 Sq. Ft. Lot, 290 Sheppard Ave W Benefits From Approved Zoning For A 6-Storey Boutique Hotel Development. The Architectural Concept Contemplates Approximately 38 Hotel Rooms, Presenting An Excellent Opportunity For Hotel Operators And Developers. The Property Offers Prominent Sheppard Ave W Frontage, Excellent Exposure And Convenient Access To Yonge & Sheppard, Subway, Hwy 401, Shops, Restaurants And Major Amenities. Architectural Plans And Development Documents Available. A Rare Opportunity To Acquire A Development Site In One Of North York's Most Established And Accessible Corridors. **** CR Zoning Also Permits A Range Of Commercial And Community Uses, Including Office, Medical Office, Financial Institution, Personal Service Shop, Wellness Centre, Artist Studio, Educational Uses And Other Permitted Uses. Approx. FSI 2.5. **** (id:41202)