301 Queen St E 206 Unit Apartment Building For Sale Toronto, ON M5A 1S7

On behalf of MNP Ltd. (court-appointed receiver of 301-311 Queen Street East) and msi Spergel Inc. (court-appointed receiver of 315-317 Queen Street East) (collectively, the “Vendors” and each a “Vendor”) Colliers (the “Advisor”) is pleased to introduce an exclusive opportunity to acquire 100% interest in an assembly of land parcels located at 301, 305-311, and 315-317 Queen Street East, Toronto (the “Property” or “301-317 Queen Street East”)
The Property is ideally situated at the southwest corner of Berkeley Street and Queen Street East, nestled in the lively Corktown neighbourhood of Toronto. The site features the heritage-designated Berkeley Church, constructed in 1871, an iconic building within downtown east. It presents a unique opportunity for intensification, being an OLT approved and zoned mixed-use development site. The in-place zoning allows a maximum height of 64.7 meters and permits a high-rise residential condo with podium retail and office uses, and a total GFA of approximately 129,716 SF. Additionally, there is strong potential for additional density given the Property’s proximity to the Corktown and Moss Park Stations on the future Ontario Line, being within 500 meters. A purchaser may acquire either or both of 301-311 Queen Street East and 315-317 Queen Street.