47 Ranleigh Avenue Toronto, Ontario

47 Ranleigh Ave, a 34' x 191' development site located steps from Yonge & Lawrence. Offered with a starting bid of $1, the property carries an approved Official Plan Amendment and Zoning By-law Amendment (April 2024) permitting a 4-storey, 16-unit mid-rise. This site offers meaningful upside for a development team pursuing either a build-and-hold or a build-and-selling strategy. With planning approvals already in place, value can be further unlocked through Site Plan Approval and Building Permit execution. We look forward to collaborating with an ownership group aligned with this vision. (id:4555)