Vacant multi-residential building on Lake Ontario. 12,249 sf waterfront property with development potential. Permitted uses include but are not limited to: Apartment Building, Nursing/Retirement Home and Daycare. Ideal for townhouse or multi-residential development. As of right height permits 24 metres - approx. 7 storeys. Nearby proposals up to 9 storeys. Highly desirable residential neighbourhood. Walking distance to shops, restaurants, schools, and parks. Immediate access to Lake Ontario. Short distance to Mimico GO Station, Gardiner Expressway and Highways 427& 401.