1016-1018 Waterdown Road Burlington, Ontario L7T 1N3

100,000 sqft

$2,950,000

MXG-zoned development site measuring approximately 90' x 150', conveniently located on a bus route with easy access to major highways and within walking distance to Aldershot GO. Amenities are at your fingertips, whether heading up to Waterdown for shopping and services, exploring the Bruce Trail, or enjoying a relaxing outing at the Royal Botanical Gardens (RBG), LaSalle Park, or Hidden Valley Park. Currently the site of the Aldershot Farmers' Market, this property presents an excellent redevelopment opportunity with potential for an 11-storey building as-of-right, with the opportunity to seek additional height. A 29-storey development has received approval directly across the street, further highlighting the area's redevelopment potential. The properties previously contained single-family homes, and municipal services are already available to the site. There is also an opportunity to combine the property with a neighbouring parcel, potentially enlarging the development site to approximately 0.951 acres, with frontage on both Plains Road and Waterdown Road. (id:47351)

Property Details

MLS® Number 40855270
Property Type Other
Amenities Near By Public Transit
Community Features High Traffic Area
Features Visual Exposure

Building

Basement Type None
Size Exterior 100000.0000
Size Interior 100,000 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Access Type Road Access, Highway Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 304 Ft
Size Frontage 90 Ft
Size Irregular 0.311
Size Total 0.311 Ac|under 1/2 Acre
Size Total Text 0.311 Ac|under 1/2 Acre
Zoning Description H-mxg-534

https://www.realtor.ca/real-estate/30152069/1016-1018-waterdown-road-burlington