Public Notice
Declaration of Surplus Property
Description
NOTICE is hereby given that in accordance with the City of Toronto’s real estate disposal by-law, the following properties were declared surplus:
1. On May 31, 2022, a City-owned parcel of land being a part of 4050 Yonge Street and legally described as Part of Lots 99, 100, 101 & 102, Plan 204, designated as Parts 1 & 2 on Plan 66R-26058; City Of Toronto, was declared surplus. The City proposes to invite an offer to purchase from Yonge City Square Inc., the adjacent property owner; subject to the reservation of an easement in favor of the City to allow for public access from the existing Toronto Transit Commission ("TTC") entrance connections to the below-grade York Mills subway station.
2. On July 16, 2019, a property to be transferred to the City as a parkland dedication, being a part of 25 Audley Street and legally described as Part of Lot 247, Plan M68, designated as Parts 4, 5, and 6 on Plan 66R-30597, was declared surplus effective as of the date that the City acquires ownership of the property. The City proposes to enter into a land exchange agreement with the owner of 1 Audley Street in respect of the conveyance of the property in exchange for Parts 10 and 11 on Plan 66R-30597 for park purposes.
The following City official has information about the proposed dispositions: Mr. Joseph Sergnese, Joseph.Sergnese@toronto.ca Tel: 416-392-1857, Metro Hall, 55 John Street, 2nd Floor, Toronto, Ontario M5V 3C6. Enquiries may be made of the said official until August 5th, 2022.
For More Information Contact
Joseph Sergnese
Joseph.Sergnese@toronto.ca
Phone: 416-392-1857
Metro Hall
55 John Street
Toronto, ON
M5V 3C6
Canada
Signed By
John D. Elvidge, City Clerk
Date
July 21, 2022
Additional Information
Background Information
Surplus Ad - 4050 Yonge St 25 Audley Av - View
Affected Location(s)
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4050 Yonge Street
Toronto, Ontario
M2P 0A6
Canada
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25 Audley Street
Toronto, Ontario
Canada
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