Property type
Land
Lot size
N/A
Style
Approx. Area
0.5 Sqft
Prime Investment Opportunity! Ideally situated along Algonquin Avenue at a high-visibility, signalized intersection, this property offers unparalleled exposure and accessibility. With flexible zoning and municipal support, the site is primed for a range of development possibilities including an apartment complex (22 traditional or 40 micro-units) and other residential opportunities. While only a portion is currently zoned R3, the vendor is committed to working with buyers to facilitate zoning adjustments and ensure a smooth sale process in compliance with site plan regulations. Under its C4 zoning designation, the property is also an ideal location for commercial ventures such as quick-service restaurants, retail stores, medical and professional offices, or entertainment establishments. A recent lot survey and a 2022 Phase II Environmental Site Assessment confirm the site's readiness for development. Whether you're an investor seeking strong returns or an entrepreneur with a vision, this prime location offers limitless potential for long-term success. Don't miss out on this exceptional opportunity!
Last updated
4 days ago
Virtual tour
None
Basement information
Building size
0.5
Status
In-Active
Property sub type
Land
Maintenance fee
$N/A
Year built
--
Sales Representative, Dolphin Realty Inc
Tour this home with Shally ✨
I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.
Join our newsletter and never miss out on the latest pre construction projects, exclusive investment opportunities, and special offers. Be the first to access floor plans, pricing, and VIP incentives before they hit the market.
Your email is 100% confidential and won't send you any spam.