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99 River St 4,300 SF Retail Building Toronto, ON M5A 3P4 For Sale
Investment Highlights
- Approx. 4,209 sq. ft. redevelopment site positioned in a rapidly urbanizing district.
- Adjacent to a newly launched 34-story residential tower project, signaling area intensification.
- Vacant possession allows immediate planning and development readiness.
- Located steps from the proposed Ontario Line subway station, enhancing future transit connectivity.
- Offers potential for assembly or joint venture partnerships for larger-scale redevelopment.
- Positioned near the East Harbour district, targeted to become a key employment hub in Toronto.
Executive Summary
This prime redevelopment site at 99 River Street occupies approximately 4,209 square feet and is ideally configured for future projects, including parkland dedication or joint venture opportunities. Located within a rapidly evolving downtown corridor, the property sits adjacent to a newly launched 34-story tower, underscoring the area's strong vertical development trajectory. Its flexible zoning potential and strategic dimensions make it well-suited for redevelopment initiatives that respond to the high demand for urban infill projects in Toronto.
Minutes from the proposed Ontario Line subway station, the site provides significant long-term value through improved transit access and sustained growth prospects in the East Harbour employment district. This transformative infrastructure investment will bolster connectivity throughout the city, enhancing the site's appeal to developers. With vacant possession and flexible closing arrangements, the property offers an opportunistic entry into one of Toronto's most dynamic development zones.
Minutes from the proposed Ontario Line subway station, the site provides significant long-term value through improved transit access and sustained growth prospects in the East Harbour employment district. This transformative infrastructure investment will bolster connectivity throughout the city, enhancing the site's appeal to developers. With vacant possession and flexible closing arrangements, the property offers an opportunistic entry into one of Toronto's most dynamic development zones.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
4,300 SF
Building Class
B
Year Built
1967
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.10 AC
Zoning
CR2.5(c2;r1.5*1864) - Commercial Residential Zone
Parking
6 Spaces (1.4 Spaces per 1,000 SF Leased)
Frontage
34’ on River St
Amenities
- Bus Line
- Signage
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
1 of 13
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99 River St
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