Finch & Grantbrook North York 2.89 acres

Acquired in 2016 nearly 3 acres of a mixed use mid-rise development with total potential GFA of over 200,000 square feet. Project includes 11 conventional three-storey freehold townhouses as well as a 6 and 4-storey mid-rise building consisting of approximately 150 condo units of 1, 2 and 3-bedroom designs with two levels of underground parking. The site is located with great access to the TTC about a 15 minute walk to the Finch Subway Station at Yonge Street. Located in the heart of an established neighbourhood that has seen many new upscale custom homes being developed.

Our Value Add: Development Opportunity

We identified and acquired an undervalued mixed-use property that was part of a completed 5 parcel assembly with development approvals in place. We optimized density and the efficiency for the various built forms to improve the economic viability of the proposed development. We worked with soil engineers to remediate contaminated soil in two areas of the property. We cultivated a positive working relationship with local authorities and planning staff to advance the entitlement process optimizing the parametres of the Official Secondary Plan and the concerns of local residents.

Key Info
  • Neighbourhood: North York
  • Main Intersection: Finch & Grantbrook
  • Property Address: 172, 176 & 180 Finch Avenue West & 1-11 & 23 Grantbrook Street
  • Site Area: 125,888 SF or 2.89 acres
  • Land Use/ Zoning: Mixed Use Area / C1
  • Proposed Buildable SF / Density: >200,000
  • Site Frontages: 525 Feet On Finch Avenue W / 293 Feet On Grantbrook Street
  • Proposed Development: Mid-Rise, Mixed Use, Residential Development With A Small Commercial Component Including 11 Freehold Townhouses And A Heritage Home.

Amenities

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Story

transit-image
  • Major highways nearby include
    Very good access to Highway 401, Highway 407, Finch Avenue West
  • Public Transportation: Within close proximity to Finch Subway Station, TTC stop for Bus No. 98 located at Grantbrook Street, immediately north of Finch Avenue West
  • /100 Walk Score
  • /100 Transit Score
  • /100 Bike Score