880 Eastern Avenue, Toronto E01, ON M4L 1A3, Toronto E01, ON
0.672 sqft
Receivership sale process. Full Address is: 880 Eastern Avenue & 80 Knox Avenue Located in Toronto's desirable Leslieville neighbourhood, the Property has a total site area of approximately 0.67 acres (29,170 sf), with superior access to urban amenities as well as being steps away from the Lake Ontario Waterfront and numerous outdoor recreation opportunities. The Property has been advanced through the development application process for a purpose-built rental building. A Zoning By-Law Amendment was obtained in the summer of 2023 to permit the development of a 12-storey, 200-unit residential rental development that includes 156,787 square feet of gross floor area with 1,808 sf of retail uses at grade and an overall floor space index of 5.36x. The approvals allow for a maximum gross floor area of 166,518 sf, and in February 2025 a revised development concept was created that proposes to increase the GA on the Site by approximately 12,021 square feet resulting in an additional 21 units and a more efficient design. This revised concept has a total GFA of 168,808 sf and 221 residential units. It is optional to purchase the two adjacent residential properties located at 874 and 876 Eastern Avenue. These two properties are not part of the approved redevelopment site, but can be incorporated into the future development or be used for construction staging/lay-down purposes.
Property Highlights
For Sale
MLS NO.
E12486357
Type
Commercial
Sub Type
Land
Square Footage
0.672 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E12486357
Lot Width
32.21
Lot Size
0.672
Lot Size Units
Acres
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
880 Eastern Avenue, Toronto E01, ON M4L 1A3
City
Toronto E01
Neighbourhood
South Riverdale
County / Region
Toronto
Province / State
ON
Postal Code
M4L 1A3
Cross Street
Eastern Avenue & Knox Avenue
Directions
Eastern Avenue & Knox Avenue
Country
CA
List Price
$16,950,000
Annual Taxes
$127,818
Tax Year
2025
Legal Description
PT LT 11-12 PL 214 TORONTO AS IN CT455126; CITY OF TORONTO LT 10 PL 214 TORONTO; PT LT 11 PL 214 TORONTO AS IN CA555502; CITY OF TORONTO
Possession Type
Immediate
Listing Office
CUSHMAN & WAKEFIELD
Board
Toronto Regional Real Estate Board
Original Entry
2025-10-28T19:19:03Z
Media Updated
2025-10-28T19:19:03Z
Photos Updated
2025-10-28T19:19:03Z
Last Modified
2025-10-28T19:20:55Z
System Modified
2025-10-28T19:20:55.0345Z
MLS Status
New
Co List Office Name
CUSHMAN & WAKEFIELD
Ddfyn
No
Expiration Date
2026-04-30
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
213910172
Public Remarks
Receivership sale process. Full Address is: 880 Eastern Avenue & 80 Knox Avenue Located in Toronto's desirable Leslieville neighbourhood, the Property has a total site area of approximately 0.67 acres (29,170 sf), with superior access to urban amenities as well as being steps away from the Lake Ontario Waterfront and numerous outdoor recreation opportunities. The Property has been advanced through the development application process for a purpose-built rental building. A Zoning By-Law Amendment was obtained in the summer of 2023 to permit the development of a 12-storey, 200-unit residential rental development that includes 156,787 square feet of gross floor area with 1,808 sf of retail uses at grade and an overall floor space index of 5.36x. The approvals allow for a maximum gross floor area of 166,518 sf, and in February 2025 a revised development concept was created that proposes to increase the GA on the Site by approximately 12,021 square feet resulting in an additional 21 units and a more efficient design. This revised concept has a total GFA of 168,808 sf and 221 residential units. It is optional to purchase the two adjacent residential properties located at 874 and 876 Eastern Avenue. These two properties are not part of the approved redevelopment site, but can be incorporated into the future development or be used for construction staging/lay-down purposes.
