Commercial listings / Land / For sale

1016-1018 WATERDOWN Road, Burlington, ON L7T 1N3

$2,950,000

Property type
Land
Transaction
For sale
Location
Burlington, Halton
Building area
13,552 Square Feet
Lot size
0.31 Feet
MLS® number
W13673162

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.

Listing brokerage: RE/MAX ESCARPMENT REALTY INC.

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