Project Description

5 & 43 Junction Rd.

This retail plaza sits on approximately 6.5 acres of land in the heart of Toronto’s Junction Neighbourhood and primed for future development.

At the time of sale, the plaza was fully lease and included LA Fitness, Organic Garage and Riverside Cardiology Clinic as tenants. The net operating income made this an attractive investment as it provided the Buyer a generous holding income while planning the development project.

The proposed development of over 1.8 million sq. ft. of residential and retail GFA will envision a master planned community with over 1,800 condominium units and will pose as a major hub in one of the City’s trendiest neighbourhoods.

Closing Date: November 2020