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611 & 623 Keele Street

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611 & 623 Keele Street EXCLUSIVE DEVELOPMENT OPPORTUNITY 611 & 623 KEELE STREET ST. CLAIR AVENUE WEST KEELE STREET Location The Stockyards - SE corner of Keele Street and St. Clair Avenue West Lot Size 23,026 Square Feet (0.53 Acres) Frontage 243.68 Feet on Keele Street Official Plan Designation OVERVIEW Employment Areas Zoning Industrial-Commercial (IC) Height Restriction PROPERTY 14.0 Meters Asking Price $5,750,000 611 & 623 KEELE STREET | FOR SALE 1 NEIGHBOURHOOD OVERVIEW Situated in the heart of the Stockyards District, the subject property presents a unique development opportunity in one of Toronto’s trendiest neighbourhoods. In addition to existing high volumes of traffic and established retail hub, the area will further benefit in the coming years from mid-rise residential condo developments and the proposed new St Clair West SmartTrack transit station. Current zoning and Official Plan designations permit a variety of commercial and industrial uses. Symes Rd Glen Scarlett Rd Rail Line OVERVIEW Old Weston Rd Weston Rd St Clair Ave West Stockyards District Scoop Condos 250 Units* 72 Units *Proposed Subject Property Rail Line NEIGHBOURHOOD Davenport Rd Keele St 611 & 623 KEELE STREET | FOR SALE 2 St Clair-Old Weston SmartTrack Station* Located steps from the subject property, this new SmartTrack station on the Kitchener GO Rail Corridor will anchor a re-emerging employment area, which will have improved connections to Davenport Road, Keele Street, Gunns Road and a widening of St. Clair Avenue West. Expansion of the St. Clair underpass will facilitate connections between SmartTrack and the 512 Streetcar. ● Pedestrian and cycling access to the station will be provided from both sides of the rail corridor through public realm enhancements and tunnel connections. ● STATION The station will have good linkages with surrounding roadways such as St. Clair Avenue West, Union Street, Townsley Street, Weston Road, Old Weston Road Main Station ● Entrance Station planning and design is being integrated with the St. Clair Transportation Master Plan (TMP) projects, which includes road improvements for the area, such as widening of St. Clair Avenue West, and extensions of Keele Street, Davenport Road, and Gunns Road. SMARTTRACK Subject Property *Source: City of Toronto 611 & 623 KEELE STREET | FOR SALE 3 OFFICIAL PLAN DESIGNATION The property is designated Employment Areas under the City of Toronto’s Official Plan. ZONING The property is subject to the former City of Toronto zoning by-law No. 438-86. The property is currently zoned Industrial Commercial (IC) which permits a number of non-residential uses including but not limited to the following: ❏ Retail & Service Shops ❏ Restaurant ❏ Take-out restaurant ❏ Artist live/work Studio ❏ Office ❏ Car washing establishment ❏ Commercial parking lot DESIGNATIONS ❏ Brew-on-premises establishment ❏ Automobile service station ❏ Storage warehouse - Class A ❏ Commercial school ❏ Animal hospital Maximum permitted height: 14.0 Metres LAND USE 611 & 623 KEELE STREET | FOR SALE 4 SURVEY 611 & 623 KEELE STREET | FOR SALE 5 Built on Connections. 626 King St West Suite 302 Toronto, ON M5V1M7 416.703.6621 www.metcomrealty.com CONTACT: Urban Commercial Advisory Group Amir Nourbakhsh* 416.703.6621 x252 [email protected] Anthony Martino* 416.703.6621 x244 [email protected] Jesse Roth* 416.703.6621 x243 [email protected] *Sales Representative.
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