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$ 2,950,000
Est. payment | /mo
100,000 SqFt
$ 2,950,000
Est. payment | /mo
100,000 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 100000
Square Footage 100,000 sqft
Price per Sqft $29
Subdivision 302 - Aldershot Central
MLS® Listing ID 40855270
Lot Size 0.311 Acres
Acres 0.311
Property Sub-Type Freehold
Property 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 0.951 acres, with frontage on both Plains Road and Waterdown Road. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features High Traffic Area
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by RE/MAX Escarpment Realty Inc.
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