5045 PAYNE STREET

About This Property

Potential future high-rise development opportunity ideally located just 200 metres from the Joyce–Collingwood Station, offering exceptional convenience and easy access to transit. !! The main floor features 2 bedrooms and 1 bathroom, while the upper level offers a spacious primary bedroom with ensuite. The lower floor includes 1 bedroom, a flex room, and an additional bathroom — ideal for extended family living. Also below is a 2-bedroom, 1-bath mortgage helper, plus a separate 1-bedroom, 1-bath laneway home for added rental income or multigenerational living. This property is part of a 5-lot land assembly . Designated under the Joyce-Collingwood Station Precinct Plan with potential for up to 4.5 FSR and 14-storey development potential.

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