$3,500,000

Commercial For Sale In King City, Ontario

$3,500,000

Property Information:

This property is next to King City GO Station, making it a perfect location for INVESTMENT & REDEVELOPMENT. It has been zoned F, allowing various uses as outlined in the Official Plan. These include mixed-use buildings, medium and higher-density residential uses, live-work dwellings, commercial uses, offices, institutional uses, parking structures, public uses, rail infrastructure and transit facilities, and other accessory uses. New buildings must have a minimum of two functional storeys and a maximum of four storeys, although heights up to six levels may be considered under certain conditions. The proposed floor space index is 2.5. This presents an exceptional opportunity to create a vibrant, transit-oriented community in the Transit Station Area. The property's location adjacent to the Metrolink parking area and the flexibility provided by the Official Plan make it a highly attractive site for a successful and sustainable development project. LAND VALUE ONLY - NO SHOWING OF THE HOUSE / RE-DEVELOPMENT POTENTIAL ONLY /// BOOK AN APPOINTMENT TO WALK THE LOT

Property Features:

  • Bedrooms: 0
  • Acres Range:
  • Basement: Partial
  • Lot Depth: 257.31 Feet
  • Lot Features: Ample Parking, City Lot, Public Transit
  • Lot Frontage: 109.00 Feet
  • Water Source: Municipal
  • Zoning: future use
  • Sewer: Sewer (Municipal)

Courtesy of: SUTTON GROUP QUANTUM REALTY INC

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved