1016-1018 Waterdown RD, Burlington, ON L7T 1N3
1016-1018 Waterdown RD, Burlington, ON L7T 1N3
1016-1018 Waterdown RD, Burlington, ON L7T 1N3
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Mike McCarthy

Mike McCarthy

+1(289) 919-5442
$2,950,000
Est. payment /mo
100,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 100,000 sqft

Price per Sqft $29

MLS Listing ID 40855270

Abv Grd Liv Area 100,000

Annual Tax Amount $6,284

Lot Size 0.311 Acres

Acres 0.311

Property Sub-Type Building and Land

Source Cornerstone

Property 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.

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.

Location

Province ON

County Halton

Area 30 - Burlington

Zoning H-MXG-534

Direction NW CORNER OF PLAINS RD AND WATERDOWN ROAD

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 90.15

Lot Depth 303.76

Garage No

Building

Lot Description Rectangular, High Traffic Area, Highway Access, Public Transit, Visual Exposure

Faces NW CORNER OF PLAINS RD AND WATERDOWN ROAD

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community false

Tax ID 071230036

Ownership Freehold/None

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Listed by RE/MAX Escarpment Realty Inc.
Nearby School & Business

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Mike McCarthy
Mike McCarthy

Realtor | License ID: 4794661

+1(289) 919-5442 | mike@mikemccarthyrealty.com

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