The Former Benjamin Moore Plant at 6 Lloyd Avenue Heads Back to Market
For generations, the large industrial property at 6 Lloyd Avenue was a landmark in Toronto’s Junction neighbourhood, south of St. Clair Avenue West and east of Keele Street, the site was home to the Benjamin Moore paint plant a major employer
Today, the property sits vacant and cleared. Yet longtime residents still remember the smell of paint production.
Planning documents from the City of Toronto describe the property as the “former Benjamin Moore paint plant” occupying a large triangular parcel bordered by St. Clair Avenue West, Lloyd Avenue, Mulock Avenue and the nearby rail corridor.
The Site Is Now Up for Sale Again
Carlyle Communities has now placed part of the 6 Lloyd Avenue redevelopment lands on the market, while also remaining open to selling the entire property.
Carlyle originally acquired the site in 2017 through a power-of-sale process for approximately $14.85 million. Since then, the company has spent years advancing planning approvals and environmental remediation in preparation for redevelopment.
The current proposal envisions two mixed-use residential towers containing up to approximately 850,000 square feet of gross floor area on the 2.62-acre site.
The southern phase currently being marketed would include a 28-storey building with more than 400 residential units and underground parking.
