1016-1018 Waterdown Road,Burlington, ON L7T 1N3
Burlington, ON L7T 1N3
Description
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 0.951acres, with frontage on both Plains Road and Waterdown Road.
Details
| MLS # | 40855270 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 12 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Raymond Loya |
Features
| SQ Feet | 100,000 |
|---|---|
| Zoning | H-MXG-534 |
| Acreage | 0.31 |
Interior
| Cooling Yes / No | No |
|---|
Exterior
| Lot Features | Rectangular, High Traffic Area, Highway Access, Public Transit, Visual Exposure |
|---|
Utilities
| Sewer | Sewer (Municipal) |
|---|
Taxes
| Tax Annual Amount | 6284 |
|---|
Area Information
| Province | ON |
|---|---|
| County | Halton |
| City | Burlington |
| Postal Code | L7T 1N3 |
| Area | 30 Burlington |
| Subarea | 302 Aldershot Central |
| Community Name | 302 Aldershot Central |
| Listing VS Median (in 302 Aldershot Central) | |
Price: $2,950,000 low | high Med: $774,500 sqft: 100,000 low | high Med: 1,963 $ / sqft: $30 low | high Med: $397 On site: 12 low | high Med: 376 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Halton |
| City | Burlington |
| Postal Code | L7T 1N3 |
| Area | 30 Burlington |
| Subarea | 302 Aldershot Central |
| Community Name | 302 Aldershot Central |
| Listing VS Median (in 302 Aldershot Central) | |
Price: $2,950,000 low | high Med: $774,500 sqft: 100,000 low | high Med: 1,963 $ / sqft: $30 low | high Med: $397 On site: 12 low | high Med: 376 | |
