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3307-3313 Ellesmere Rd 0.85 Acres of Commercial Land in Toronto, ON M1C 1H1
Investment Highlights
- Exceptional location immediately across from the University of Toronto Scarborough campus.
- Steps to Centennial College, Toronto Pan Am Sports Centre, and numerous retail and everyday amenities.
- Proposed development concept includes 180 units and 625 beds in an 11-storey mixed-use structure.
- Strong transit connectivity with quick access to TTC routes, Highway 401, and Guildwood GO Station.
Executive Summary
Located across from the University of Toronto Scarborough (UTSC), this offering presents a rare opportunity for developers and investors to participate in the growing purpose-built student housing sector in Toronto. The 0.85-acre site fronts Ellesmere Road and benefits from unmatched proximity to the UTSC campus, which serves over 15,100 students. The surrounding area includes Centennial College’s Morningside Campus, the Toronto Pan Am Sports Centre, and convenient connections to Highway 401, GO Transit, and TTC services, ensuring strong long-term demand drivers. Significant planning progress has already been made. The vendor has submitted Official Plan and Zoning By-law Amendment applications for a proposed mid-rise, 11-storey mixed-use building totaling 194,285 SF of gross floor area. The proposed concept includes 180 residential units, 625 beds, grade-level commercial space, and below-grade parking. The property falls within an established education and employment corridor with proximity to retail, parks, and recreation facilities, creating a robust environment for investment. With rising enrollment and sustained housing shortages near Toronto’s institutions, this opportunity aligns with key growth trends and offers a compelling proposition for developers or joint-venture partners.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.85 AC |
| Property Type | Land | ||
| Zoning | RD (F15.0;a696) (x701) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.85 AC |
| Zoning | RD (F15.0;a696) (x701) |
1 Lot Available
Lot
| Lot Size | 0.85 AC |
| Lot Size | 0.85 AC |
Description
The site is located on Ellesmere Road in Scarborough’s east end, less than 500 meters from the University of Toronto Scarborough campus. It fronts a major arterial road and is within walking distance to institutional, educational, and recreational facilities, including the Toronto Pan Am Sports Centre and Centennial College’s Morningside Campus. The site offers convenient access to TTC bus routes and Highway 401. The surrounding area features a mix of residential neighborhoods, commercial amenities, and green space within the Highland Creek Valley.
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
50/100
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3307-3313 Ellesmere Rd
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