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21-23 Franklin Ave 0.25 Acres of Residential Land in Toronto, ON M2N 1B7

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INVESTMENT HIGHLIGHTS

  • Developer's Dream
  • Shops
  • Cul-de-sac
  • Subway
  • Major Condos Nearby

EXECUTIVE SUMMARY

High Density Development OMB Approved
The most strategic location in Toronto = Yonge & Sheppard
Franklin Ave. Toronto , Ontario (Yonge & 401)
Open to Offer /J.V possibility
Application has been Approved for 6 Freehold single family lots
As shown on the attached sketch.
Potential , Midrise density requires the same process to match the next door which has 3.23 time coverage.
Traffic Data is promising ;
The location at Yonge and Highway 401 is highly strategic, with an average of 378,500 vehicles passing through North York daily
This high traffic volume significantly increases the visibility and potential usage of the charging stations, making the investment even more attractive.

The adjacent 8-storey building features a sign positioned around the 7th floor (over 60 feet high), offering unobstructed visibility from both Yonge Street and Highway 401. There are no trees or seasonal obstructions—it remains fully visible year-round.
This is one of North York’s most high-traffic intersections, with an average of 378,500 vehicles passing daily. Capturing even 10% of that audience means over 37,000 daily impressions, delivering exceptional exposure and marketing value.
If we position the sign on the southern boundaries which wont effect a future development , it can stay for good.
https://toronto.citynews.ca/2023/03/28/401-north-america-busiest-highway/

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 0.25 AC
Zoning CR

1 LOT AVAILABLE

Lot

Lot Size 0.25 AC

NEW OP Suggest 45-51 Stories 0.25AC lot ideal for midrise.

DESCRIPTION

0.25AC double lot located near Yonge and Sheppard.

Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34170871

  • Date on Market: 2019-05-09

  • Last Updated:

  • Address: 21-23 Franklin Ave, Toronto, ON M2N 1B7

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