NOTICE is hereby given that in accordance with the
City of Toronto’s real estate disposal By-law, the following property was declared
surplus on August 5, 2026:
1)
Land
located on a portion of 701 Fleet Street of approximately 1.75 acres, being
part of PT BLK 14 PL ORDNANCE RESERVE TORONTO; PT WATER LT IN FRONT OF PL
ORDNANCE RESERVE TORONTO PT 3 63R310 LYING W OF PT 1 66R19717; S/T CT264775;
CITY OF TORONTO. The parcel has an area of approximately 7,081 m2 (76,230
ft2). The City proposes that the intended
manner of disposal be by way of a long-term lease to Tempo Basketball Club Inc.
for the construction and operation of a high-performance practice facility with
community amenities.
The following City official has information
about the proposed disposition: Ms. Patricia Chen, Senior Project Manager,
Corporate Real Estate Management, Tel: 437-997-5321, Metro Hall, 55 John
Street, 2nd floor, Toronto, Ontario M5V 3C6. Enquiries may be made of the said official
until August 26th, 2026.
Dated this 12th day of August 2026.
John D. Elvidge
City Clerk