M1C Commercial Land Properties for Sale

Commercial Real Estate in M1C available for sale

M1C Commercial Land for Sale

385 Centennial Rd

Toronto, ON M1C 0A3

Land for Sale
$350,000 CAD
1.08 AC Lot

Toronto Land for Sale - Scarborough

CBRE Limited is pleased to present for sale + 1.084-acres of vacant land located at 385 Centennial Road in Toronto, Ontario (the “Site” and/or “Property”). The Property is centrally located within Scarborough’s Port Union area which is primarily an established residential neighbourhood. The Site is adjacent to Highway 2A and Highway 401, which are both a 3-minute drive or 2km. There are numerous amenities in the immediate vicinity, including Sir Oliver Mowat Collegiate Institute (3-minute drive), Lake Ontario (5- minute drive), the Rouge Valley National Urban Park (5-minute drive), University of Toronto Scarborough Campus (6-minute drive), Scarborough Town Centre (10-minute drive) and the Toronto Zoo (8-minute drive). Additionally there are countless restaurants, grocery stores, banks and schools. Rouge Hill GO Train Station is a 5-minute drive from the Site and offers 2-way service between Toronto’s Union Station and Oshawa Station along the Lakeshore East GO Line. This Property is being sold on a “as-is, where-is” basis without any representation or warranties whatsoever.

Contact:

CBRE

Property Subtype:

Commercial

Date on Market:

2025-06-30

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Commercial Land Properties for Sale Within 5 kilometers of M1C

290 Morningside Ave

Toronto, ON M1E 3E9

Land for Sale
$2,400,000 CAD
0.73 AC Lot

Toronto Land for Sale - Scarborough

The site is situated at 290 Morningside Avenue, at the intersection of Morningside Avenue, Kingston Road, and Lawrence Avenue East within a well-established and evolving Scarborough corridor. The Site comprises approximately 31,861 SF (0.73 acres) and is surrounded by a mix of medium-density apartment buildings and condominium developments, alongside institutional uses and growing commercial amenities reflective of ongoing intensification in the area. The Property benefits from immediate access to major retail nodes including Kingston Square, Kingston Square West, and Morningside Crossing, collectively offering over 300,000 SF of retail within walking distance, as well as strong connectivity to arterial roadways and public transit. Guildwood GO Station is located approximately 2.1 km away, providing efficient access to downtown Toronto via the Lakeshore East line within a short commute. From a development perspective, the Site presents a compelling residential intensification opportunity, supported by a massing study prepared by Memar Architects envisioning an 8-storey residential rental building comprising approximately 82,044 square feet of Gross Floor Area (GFA), demonstrating achievable density and positioning the Property for long-term value creation.