The Junction-Wallace Emerson community in Toronto has become the site of an excellent development opportunity. At 10-22 Pauline Avenue, a 22,507-square-foot property has been marketed by Colliers' Redevelopment Advisory Group for $14.5 million.
The location is Situated near both the Bloor GO Station and the Bloor-Dufferin TTC subway station, the location providing easy access to Toronto's downtown and geographical area. The current zoning permits the development of 34 freehold residences with four stories, designed by STUDIOWI Inc. These red-brick homes would include a variety of two- and three-bedroom floor plans in addition to private urban patios and rooftop patios.
Due to its advantageous location and licensed development plans, the site is a desirable investment for developers looking to take advantage of Toronto's increasing demand for premium, transit-oriented residential real estate.
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