• The 95-105 Moatfield Drive property is situated in the prestigious North York community of Greater Toronto. It is strategically located at the intersection of Ontario’s major highways, 404 (north-south) and 401 (east-west). Nearby amenities include Fairview Mall, with TTC buses and subway lines connecting this location to all parts of Greater Toronto and the York Region.
• Project Info:
o The property covers 8.5 acres.
o The existing buildings have a total construction area of 411,000 square feet. o The current market value of the property is CAD $104 million.
o The site is currently used for commercial offices and serviced apartments.
• In accordance with Canadian federal and Ontario provincial regulations, the 8.5-acre property can be subdivided. Five acres of surface parking lots can be repurposed for new developments, which will include three high-rise buildings featuring luxury
condominiums, commercial office spaces, and a hotel.
• These new buildings, combined with the existing two buildings, will create a sustainable, green urban complex in Toronto.
• The subdivided 5-acre parcel is estimated to be worth CAD $50 million.
• The newly constructed buildings are projected to generate over CAD $2 billion in • revenue, with an estimated net profit exceeding CAD $600 million.
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