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LOADING

7445 Islington Avenue Vaughan, Ontario L4L 1W2

Acreage

$8,800,000

**Rare 9.39 ACRE Lot well located on the border of Toronto & Vaughan near public transit, highway access, schools & shopping. These lands are within the delineated built boundary of a settlement area, with access to municipal water and wastewater systems. Development opportunities may contribute to a diverse range & mix of housing options, lot sizes, functions and tenures and level of affordability within the area. Rare opportunity to appropriately intensify these lands in a wide range of built forms & densities while enhancing Environmentally Significant areas to include the forest landscape setting and access to open spaces along Islington Avenue. Fabulous opportunity for Small Builder/Developer to build more apartments & housing to meet provincially mandated housing targets. This Rare Find Vacant Lot has an Incredible 439 Feet of Frontage & 2 Driveway Entrances off Islington. Its picturesque park-like setting attracts visits from the local deer & has been enjoyed by the same family for over 85 years. With added value in the mature trees & running stream, it offers buyers land-use diversity while still providing the enjoyment of a natural setting! It is adjacent to existing residential housing & offers a perfect natural feature ravine setting for much needed new residential units and/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. Other recent approved developments include residential units at 8274-8286 Islington Avenue. RARE **9.39** ACRES OF INFILL Land with Prime Development Opportunity! Contact broker more information with respect to Official Plan and Zoning By-Law Amendments Applications that may be required to support your proposed vision for development. **** EXTRAS **** 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. (id:49922)

Property Details

MLS® Number N8072790
Property Type Vacant Land
Community Name East Woodbridge
Features Irregular Lot Size

Building

Utility Water Municipal Water

Land

Acreage Yes
Sewer Sanitary Sewer
Size Irregular 439.67 X 555.2 Ft ; Sloping
Size Total Text 439.67 X 555.2 Ft ; Sloping|5 - 9.99 Acres

https://www.realtor.ca/real-estate/26521790/7445-islington-avenue-vaughan-east-woodbridge

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