7445 Islington Ave Vaughan, Ontario L4L 1W2
$8,800,000
**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. (id:47351)
Property Details
| MLS® Number | N8072790 |
| Property Type | Vacant Land |
| Community Name | East Woodbridge |
Building
Land
| Acreage | Yes |
| Size Irregular | 439.67 Ft |
| Size Total Text | 439.67 Ft|5 - 9.99 Acres |
https://www.realtor.ca/real-estate/26521790/7445-islington-ave-vaughan-east-woodbridge
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April 09 2024 02:25:56
Toronto Real Estate Board
RE/MAX Experts