RARE MIXED-USE REDEVELOPMENT SITE. High-traffic corner property with versatile commercial/residential zoning. Lot size 60 x 100 ft. Includes a registered right of way over ten adjacent parcels (3539-3557 St. Clair Ave E) allowing curb ramp access, three ingress/egress points, and rights to use surface parking. Comes with 20 owned parking spaces.Walking distance to the future Scarborough GO Station. Excellent visibility and exposure. Interior features 20-ft ceilings and two flexible enclosures-ideal for retail, showroom, or future buildout. Outstanding opportunity for a purpose-built mixed-use development.Area is set for major growth with 15,000+ new residential units planned, plus the 5.6M sq. ft. Scarborough Junction Master Plan. Adjacent land assembly potential (approx. 40,246 sq. ft. combined). Right-Of-Way may be voluntarily released in the event of redevelopment. Seller is motivated. Fantastic investment potential!
Address
3537 St Clair Avenue E
List Price
$5,188,888
MLS® Status
New
Expiration Date
2026-01-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Toronto E04
Sub-Area
Clairlea-Birchmount
Region
Toronto
Lot Size Source
GeoWarehouse
Lot Depth
100
Lot Type
Lot
Lot Size Units
Feet
Lot Width
60
Parcel Number
064410206
Total Building Area
4200
Occupant Type
Vacant
Cross Street
St Clair Ave E/Kennedy Rd
MLS® Number
E12586498
Listing Brokerage
IKON REAL ESTATE INC.
Postal Code
M1K 1L6
Posession Details
Vacant
Tax Amount
$14,687.00
Tax Year
2024
Site Influences
Public Transit
Community Features
Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Plaza
Tax Legal Description
PT LT 29 CON B SCARBOROUGH AS IN CA535947; T/W CA535947; TORONTO , CITY OF TORONTO
Security Features
Yes