ADDRESS
Call: 416-800-1055
PROPERTY TYPE
Vacant Land
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SALES HISTORY
05/04/2024
FOR SALE
$8,800,000
PROPERTY TAXES
Call 416-800-1055
PROPERTY DESCRIPTION
**Rare 9.39 Acre Lot Well Located On The Border Of Toronto & Vaughan Near Public Transit, Highway Access, Schools & Shopping. Fabulous Opportunity For Small Builder/Developer To Build More Apartments & Housing To Meet Provincially Mandated Housing Targets. This Rare Find Vacant Lot Has An Incredible 439 Feet Of Frontage & 2 Driveway Entrances Off Islington. Its Picturesque Park-Like Setting Attracts Visits From The Local Deer & Has Been Enjoyed By The Same Family For Over 85 Years. With Added Value In The Mature Trees & Running Stream, It Offers Buyers Land-Use Diversity While Still Providing The Enjoyment Of A Natural Setting! It Is Adjacent To Existing Residential Housing &Offers A Perfect Ravine Setting For Much Needed New Residential Units Or Other Development To Support Vaughan's Growth! Many Developments Underway In The Immediate Vicinity, Including A Proposed3-4 Storey Residential Apartment With 90 Units And 108 Parking Spaces. Infill Land With Prime Development Opportunity!
EXTRAS
Last March, Federal Gov. Launched The Housing Accelerator Fund & Vaughan Council Agreed To Mandated Housing Targets To Construct New Homes By 2031. Fabulous Opportunity For Development To Meet Vaughan's Mandated Housing Targets.
LEGAL DESCRIPTION
Lt 15 & Lt 16, Plan 9831, Save And Except Pt 7, Plan D775, City Of Vaughan
Call: 416-800-1055
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