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