858-868 Merivale Rd. & 1246 Thames St. offers both the cash flow investors and value add opportunist an chance to acquire a large development plot of land located just seconds west of the Carling Avenue & minutes from the downtown core. The site is within .50 KM from three significant development sites, all of which are significantly transforming the surrounding node and increasing property values. With a existing structure of only 12,698 SF, located on 29,805 SF of land and having Traditional Mainstreet zoning, this commercially zoned site offers an exceptional value add opportunity by increasing density to it’s fullest. The development upside offers an excellent way to increase returns by way of maximizing the full site potential. The current zoning allows for a total of 6 storey’s of mixed use commercial which could consist of more then 100,000 buildable SF. Long Standing tenants in place with excellent cash flow and the ability to increase returns through vacancy lease up.

Area Map