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1016-1018 Waterdown Road Burlington, Ontario L7T 1N3

100000 sqft

$2,950,000

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:61499)

Property Details

MLS® Number 40855270
Property Type Other
AmenitiesNearBy Public Transit
CommunityFeatures High Traffic Area
Features Visual Exposure

Building

BasementType None
SizeExterior 100000.0000
SizeInterior 100000 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

AccessType Road Access, Highway Access
Acreage No
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 304 Ft
SizeFrontage 90 Ft
SizeIrregular 0.311
SizeTotal 0.311 Ac|under 1/2 Acre
SizeTotalText 0.311 Ac|under 1/2 Acre
ZoningDescription H-mxg-534

https://www.realtor.ca/real-estate/30152069/1016-1018-waterdown-road-burlington

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Raymond Loya
Salesperson


RE/MAX Escarpment Realty Inc.
2180 Itabashi Way Unit 4b
Burlington, Ontario L7M 5A5

Cathy Graziotto
Salesperson


RE/MAX Escarpment Realty Inc.
2180 Itabashi Way Unit 4a
Burlington, Ontario L7M 5A5

Steven Mccarthy
Salesperson


RE/MAX Escarpment Realty Inc.
2180 Itabashi Way Unit 4b
Burlington, Ontario L7M 5A5

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