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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Sonoma Heights
MLS Listing ID N12686200
Annual Tax Amount $11,026
Tax Year 2025
Property Sub-Type Land
Property Description
Receivership sale - incredible opportunity to own 0.97 acres of approved residential development land in Vaughan, fronting on Islington Avenue. The approved development is for a 5-storey residential apartment building with a GFA of 73,319 SF. Zoning by-law amendments and site plan has been approved (subject to conditions). The project launched its 89 units in March 2023 and according to Urbanation, sold at an average price of $1,358 PSF. The property is situated in a residential node of Vaughan, steps to amenities like the Islington Village Centre and Food Basics.
Location
Province ON
County York
Area York
Zoning RM2 - Residential Multiple Zone
Exterior
Utilities Available Available
Lot Frontage 298.53
Lot Depth 172.34
Others
ParcelsYN No
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Listed by COLLIERS
Nearby School & Business
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