[SOLD] 120 Grangeway Avenue
Located across from Scarborough Town Centre and adjacent to the McCowan Light Rail Transit station, the site at 120 Grangeway is located within a Secondary Plan Area that encourages higher densities. The site consisted of a large tract of vacant land, along with a ramp, that was underutilized for many years. Following the transfer to Build Toronto (now part of CreateTO), the company’s marketing program targeted a residential developer that had experience in the local Scarborough market. The site was sold to the Goldman Group in 2011.
DetailsMajor Intersection: McCowan Road and Progress Avenue
Surrounding Uses: Three class-A atrium office buildings (Consilium) to the north of the site; condominiums and industrial uses to the north east; a Light Rail Transit station to the south end of the site; one level above grade and a retail grocery store further south; and a four- to five-storey office building and industrial uses to the west.
Ward: 24 - Scarborough-Guildwood
Councillor: Paul Ainslie
Site Area (acres): 4.6
Past Use: Vacant
Proposed Use: Residential
Official Plan - Land Use Designation: Mixed-Use Area
- Transit oriented development