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464-468 WINONA DRIVE, Toronto, Ontario, M6C 3T7

MLS® # C9353710
Vacant Land For Sale In Humewood, Toronto, Ontario
$29,500,000 QuickQuoteTM: Not Available
464-468 Winona Drive, Toronto, ON
464-468 Winona Drive, Toronto, ON
464-468 Winona Drive, Toronto, ON
464-468 Winona Drive, Toronto, ON
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ACTIVE
464-468 WINONA DRIVE, Toronto, Ontario, M6C 3T7
$29,500,000

Property Information:

The Location is ideal for the Proposed Development of a 200-unit, Eleven-story Rental Apartment Building, currently in the planning phase. This optimal utilization of the land is highly supported by Toronto's municipal policies that focus on increasing Rental Housing availability to address the current housing crisis in midtown Toronto.The land zoning originally included Rental Building and it is surrounded by Four high Demand Rental Complexes. Hence the previously approved townhouse project is no longer the Highest and Best Use of the land. The Land has been Appraised at $25,100,000 in 2023, mirroring its value with respect to the Proposed Development. According to the Appraisal Report, the completed building will generate over $5,500,000 Rental Income per year. **** EXTRAS **** Furthermore, feasibility studies and additional information will be provided for the buyer's Due Diligence once a confidentiality agreement is signed following the acceptance of the Conditional Agreement of Purchase and Sale. (id:27)

Property Features:

  • Property Type: Vacant Land
  • Amenities Nearby: Highway
  • Irregular: Yes
  • Lot Depth: 303.5 Feet
  • Lot Frontage: 71.0 Feet
  • Lot Size: 71 x 303.5 FT
  • Zoning: RM

Courtesy of: SOLTANIAN REAL ESTATE INC.

REALTOR.ca  

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

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Location of 464-468 WINONA DRIVE, Toronto, Ontario, M6C 3T7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 464-468 WINONA DRIVE , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.8 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.8℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 464-468 WINONA DRIVE , experiences 11 significant 2-day storms per year, with about 295.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 366.4mm of precipitation per year.

Precipitation Per Storm

Past
295.6mm
2050
366.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 464-468 WINONA DRIVE, Toronto, Ontario, M6C 3T7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$130,027.94

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.68 %

High school certificate or equivalent

26.95 %

Apprenticeship trade certificate/diploma

4.34 %

College/non-university certificate

15.3 %

University certificate (below bachelor)

2.28 %

University Degree

30.45 %

Commuter

Travel To Work

By Car

49.45 %

By Public Transit

42.67 %

By Walking

1.35 %

By Bicycle

2.16 %

By Other Methods

4.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.98 %

Houses

58.02 %

Own Vs. Rent

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