News

City sells three Queensborough lots

City council is being asked to approve the sale of three unserviced vacant lots in Queensborough for more than $900,000.

Simran Construction has offered to buy the properties on Hampton Street for $308,000 each. A report that will go before council on Monday said the properties are considered surplus to the city's needs.

"These offers are within $7,000 (2.2 per cent) of the appraised value and the city's appraiser considers this an acceptable offer," said the report.

It also noted Simran is developing a Jardine Street property just south of the Hampton Street lots.

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