Centennial Centre 8 Properties in Toronto, ON
INVESTMENT HIGHLIGHTS
- High exposure location
- Close to airport
- Heavy commercialized area
EXECUTIVE SUMMARY
The subject Property represents an increasingly rare opportunity for a developer to secure a significant 11.26 acre future high-density redevelopment site in an area poised for intensification. The Vendor has engaged SVN to develop a realistic planning rationale and development concepts for the Property, based on an Official Plan Amendment
to permit residential uses. Preliminary investigations indicate that the Property can accommodate a mixed-use development with building heights ranging from 5 to 18 storeys. Office uses will be replaced 1:1, as well as the addition of 1,080 to 1,439 residential units representing a total gross floor area in excess of 1,329,546 square feet (2.72 FSI).
to permit residential uses. Preliminary investigations indicate that the Property can accommodate a mixed-use development with building heights ranging from 5 to 18 storeys. Office uses will be replaced 1:1, as well as the addition of 1,080 to 1,439 residential units representing a total gross floor area in excess of 1,329,546 square feet (2.72 FSI).
PROPERTY FACTS
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 8 |
| Individually For Sale | 0 |
| Total Building Size | 255,205 SF |
| Total Land Area | 73.98 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 5399 Eglinton Ave W, Toronto, ON M9C 5K6 | Office | 48,324 SF | 1986 | - |
|
Phase I
5401 Eglinton Ave W, Toronto, ON M9C 5K6 |
Office | 42,882 SF | 1986 | - |
|
Phase II
5405 Eglinton Ave W, Toronto, ON M9C 5K6 |
Office | 42,000 SF | 1986 | - |
| 5397 Eglinton Ave W, Toronto, ON M9C 5K6 | Office | 37,296 SF | 1985 | - |
| 5409 Eglinton Ave W, Toronto, ON M9C 5K6 | Office | 35,000 SF | 1985 | - |
| 5407 Eglinton Ave W, Toronto, ON M9C 5K6 | Office | 21,285 SF | 1986 | - |
| 5403 Eglinton Ave W, Toronto, ON M9C 5K6 | Office | 20,682 SF | 1985 | - |
|
5395 Eglinton Ave W
5395 Eglinton Ave W, Toronto, ON M9C 5K6 |
Retail | 7,736 SF | 1986 | - |
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