Amazing Development Opportunity in a Highly Desirable Area. Zoned for Townhomes, with the potential to build a 6-storey, 30-unit mid-rise! This exceptional, vacant land is located in a sought-after, family-friendly neighborhood and is currently zoned RD*1121. It has already been approved for five freehold townhomes, each with a legal secondary unit, totaling 10 units. Alternatively, take advantage of the city-approved zoning allowing for the construction of a six-storey, 30-unit mid-rise building. Situated at the intersection of two major streets, this site is in a high-demand rental area, with easy access to public transit, just minutes from Highway 401, shopping centers, restaurants, parks, and all essential amenities. This is a rare, high-potential investment opportunity, whether you're considering townhomes or a mid-rise. Dont miss out this prime site wont last long! (id:51158)
| MLS® Number | E12424999 |
| Property Type | Vacant Land |
| Community Name | Tam O'Shanter-Sullivan |
| Heating Fuel | Propane |
| Heating Type | Other |
| Acreage | No |
| Size Depth | 102 Ft ,5 In |
| Size Frontage | 80 Ft ,1 In |
| Size Irregular | 80.09 X 102.48 Ft |
| Size Total Text | 80.09 X 102.48 Ft|under 1/2 Acre |
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