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This property presents a strong mixed-use investment and redevelopment opportunity along Montreal Road. Currently with a retail building occupied by **two established restaurant tenants**, the site offers immediate holding income while positioning a buyer for future repositioning or redevelopment. With **AM10[2199] zoning**, the property allows for a broad range of permitted uses including **medical/healthcare, retail, service commercial, office, and residential development**, making it particularly well-suited for a **medical/dental office building, mixed-use redevelopment, or long-term residential intensification play**. Ideally located near major shopping, **Montfort Hospital**, transit, and surrounding amenities, the site benefits from strong accessibility and continued area growth. Adding to its upside, neighboring developments are already moving forward with higher-density proposals, reinforcing the long-term development potential of this corridor.
EXP REALTY
MLS®# X13137196 · Last modified 2026-05-19
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Stephan Gauthier is a Broker with Real Broker Ontario Ltd., Brokerage. Each office independently owned and operated.
Estimated monthly payment
$9,334
Down payment: $380,000 · Loan: $1,520,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
