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27 Hotspur Rd

11 Unit Block of Flats For Sale Toronto, ON M6A 2E4

Investment Highlights

  • Rare opportunity to acquire three apartment buildings in North York, Toronto's eclectic, multicultural district.
  • The three-storey buildings include a total of 33 units: 21 two-bedroom apartments and 12 one-bedroom apartments.
  • Situated on a one-acre site, offering development opportunities and the potential for a 10-storey, 210-unit project.
  • Desirable location at the intersection of Bathurst and ON-401 offering excellent connectivity and abundant amenities.

Executive Summary

The Hotspur-Neptune Multi-Family Portfolio consists of three apartment buildings at 25 Hotspur Road, 27 Hotspur Road, and 54 Neptune Drive in Toronto, Ontario. Totalling 35,649 square feet, the multi-family properties include 33 units, 11 in each building. There are 12 one-bedroom apartments and 21 two-bedroom apartments. The brick multi-family buildings offer residents secure access, balconies, additional garage storage, and surface parking.

Situated on a one-acre (43,765-square-foot) site, the Hotspur-Neptune Multi-Family Portfolio presents excellent development opportunities. The well-located site offers the potential for a 193,000-square-foot, 10-storey building consisting of 210 units.

The Multi-Family Portfolio features dual road frontage with a strategic location at the corner of Neptune Drive and Hotspur Road. With immediate access to ON-401, the site is easily accessible and offers exceptional connectivity. Just off Bathurst Street and less than two kilometres to Avenue Road, both major retail corridors. The Hotspur-Neptune Multi-Family Portfolio is amid a wealth of amenities. Residents enjoy a short walk to Starbucks, Chocolate Charm, and Soul Bagel; and a short drive to Metro, Winners, Shopper's Drug Mart, Tim Horton's, and an assortment of local eateries.

Property Facts

Sale Type Investment
No. Units 11
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Building Size 11,436 SF
Number of Floors 3
Year Built 1956
Parking Ratio 0.87/1,000 SF
Walk Score ®
Very Walkable (83)
Transit Score ®
Excellent Transit (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RM
RM
  • Listing ID: 25840580

  • Date on Market: 02/06/2022

  • Last Updated:

  • Address: 27 Hotspur Rd, Toronto, ON M6A 2E4

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