227/235 King Rd

Rare large scale site in a highly desirable neighbourhood with 412 feet of frontage on King Road. Court-appointed receivership sale, offered on a unpriced basis. Site is approved for 178 Stacked townhouse development including 2 levels of underground parking with 344 stalls and a private park. Proposed development highlights include: 168,795 sf site area; 163,450 sf residential unit area; 10,018 sf parkland area. Located within minutes to GormleyGO Station and Highways 400, 404 and 407. Taxes to be confirmed by purchaser (2022 taxes are estimated). Offer submission date: Wed, Aug 30, 2023 by 5:00 PM.

*Legal Description: RICHMOND HILL & LT 15 PL 136 KING EXCEPT PT 10 EXPROP PL B87881B ; RICHMOND HILL. **Seller name: of all assets, undertakings and properties of 12252856 Canada Inc., and not in any personal capacity.