Set on 1.62 acres, this prime future development site is currently
improved with a 15,634 SF fully leased, income-producing retail plaza,
offering immediate cash flow with significant long-term upside. Zoned
C1-60 (high density), the property permits development up to 18
storeys with a density allowance of 675 bedrooms per hectare.
Strategically located at the prominent corner of Weber Street North
and Lincoln Road, the site provides excellent connectivity with
convenient access to Highways 7/8 and 401. Surrounded by a high
density residential community, the property benefits from exceptional
exposure and strong vehicular traffic. The plaza features ample on-site
free parking and is positioned among major national retailers, including
Sobeys, Walmart, Shoppers Drug Mart, Tim Hortons, and numerous
other established tenants, reinforcing its status as a highly desirable
commercial and redevelopment opportunity.