$3,499,000For Sale

***DEVELOPMENT READY OPPORTUNITY*** This offering is for Land with existing improvements. Preliminary Site Plan for 7 Townhouses of approximately 1800 SqFt each, is ready for your final adjustments, while retaining the existing dwelling. Existing approximately 3,000 SqFt single family 6 bedroom home can stay according to the site plan, and with proximity to ravine, redevelopment of the home site may not be desirable due to set back requirements. This building could be used as a Construction Site Office & Sales Centre, and then renovated and sold when the project is complete. Site plan indicates 7 townhomes would front on the adjacent street, Stagecoach Circle. Ideal infill project in a high demand area. There is income potential from the existing tenanted dwelling. All municipal services are available. Great accessibility with close proximity to Highway 401, Public Transit and Retail amenities. Generally a level site with great potential for Freehold or Condominium units. Owner advises that the legwork is 90% done and site plan is almost ready for submission to the City.

Directions: Kingston Rd & Meadowvale Rd

Cross Street: Kingston Rd & Meadowvale Rd