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$ 5,500,000
Est. payment | /mo
$ 5,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision East Woodbridge
MLS Listing ID N12787658
Annual Tax Amount $26,933
Tax Year 2025
Property Sub-Type Land
Property Description
1.9 acre property located within the community of Woodbridge in the City of Vaughan. The property is located just north of Highway 407 on the east side of Islington Ave within close proximity to Highway 7. As per the official plan, the majority of the site is currently designated Low-Rise Mixed-Use (H4, D1.5), in addition to a small portion of the site being designated as Natural Core Area. Given the current land use designation, the site allows the opportunity for a mix of low and medium density residential and non-residential built forms to be developed including single detached dwellings, townhouse units and midrise buildings up to 4 storeys in height. Purchasers also have the ability to capitalize on the existing development application that proposes a +/-84,000 sq. ft. building with 90 units. The site is also centrally located between five major road/highway networks including Highway 407, Highway 400, Highway 427, Highway 27 and Highway 7, where the VIVANext Bus Rapid Transit (BRT) is located, which allows for frequent, seamless connections throughout Vaughan and the GTA. Offers to be reviewed as received.
Location
Province ON
County York
Area York
Zoning RE - Estate Residential Zone
Exterior
Utilities Available Available
Lot Frontage 132.69
Lot Depth 437.07
Others
ParcelsYN No
Listed by CBRE LIMITED
Nearby Locations

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