Prime development opportunity at 2655-2659 Bayview Avenue, North York, with Old Colony entrance. This site boasts full zoning and site plan approval to construct 10 luxury townhomes and one single detached home at the corner of Bayview and Old Colony.Additionally, this property offers excellent potential for a zoning change to accommodate a 5-6 storey mid-rise condominium with approximately 100 residential units. A set of conceptual drawings for the mid-rise development is available for review. The seller is willing to give 80% VTB