7445 Islington Ave A
West Woodbridge, Woodbridge, L4L 1W2
FOR SALE
$8,800,000
Expired
$0
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-16 | 2024-08-16 | 182 | $8,800,000 | - | Expired |
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Property Description
9.39 Acre Lot On The Border Of Toronto & Vaughan Near Public Transit, Highway Access, Schools & Shopping. Opportunity For Small Builder/Developer To Build More Apartments & Housing To Meet Provincially Mandated Housing Targets. Rare Vacant Lot Has 439 Feet Of Frontage & 2 Driveway Entrances Off Islington. Adjacent To Existing Residential Housing & Offers Ravine Setting For New Residential Units Or Other Development To Support Vaughan's Growth! Many Developments Underway In The Immediate Vicinity, Including A Proposed 3-4 Storey Residential Apartment With 90 Units And 108 Parking Spaces. Infill Land With Prime Development Opportunity! Last March, Federal Gov. Launched The Housing Accelerator Fund & Vaughan Council Agreed To Mandated Housing Targets To Construct New Homes By 2031. Opportunity For Development To Meet Vaughan's Mandated Housing Targets Or A Wellness Center, Place Of Worship, Grand Estate, Retirement Community, Medical Clinic & Private School, Or Community Center.
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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.
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**VACANT LAND-9.39 ACRE Lot well located on the border of Toronto & Vaughan with an Incredible 439Feet of Frontage & 2 Driveway Entrances off Islington within a settlement area, with access to municipal water, gas, hydro and wastewater systems. See photo taken in 2011 of original home on property. Its picturesque park-like setting attracts visits from the local deer & has been enjoyed by the same family for many decades - over 85 years. This Vacant Parcel of Land is adjacent to existing residential housing & located in area seeing significant development with a rezoning application for an apartment building located a few steps away at 7397 Islington Avenue! This magnificent property offers an opportunity to appropriately intensify these lands in a wide range of built forms & densities while enhancing Environmentally Significant areas to include the treed landscape & ravine setting. Tremendous opportunity awaits!
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