CBRE Limited, acting on behalf of Zeifmans as Court-Appointed Receiver, presents a rare opportunity to acquire a 17.70-acre residential development site at the high-visibility intersection of Highway 48 and Main Street in Whitchurch-Stouffville. With 10.48 acres of developable land, the site is zoned under CM2-15,16,17, enabling a broad mix of uses including stacked and street townhomes, mid- and high-rise apartments, retail, institutional, and live-work units.
The property benefits from exceptional connectivity, located just 2.2 km from the Stouffville GO Station and minutes from Highway 404 and 407. Transit access is further supported by YRT Bus Route 9 at the corner. The surrounding area is rich in amenities including SmartCentres Stouffville, Metro, LCBO, Starbucks, Longo’s, and major banks. The site also enjoys scenic views of the Rouge River and Spring Lakes Golf Club.
Development concepts include up to five apartment buildings ranging from 12 to 20 storeys, totaling 800 units and over 1 million sq. ft. of GFA. Infrastructure is in place with water and wastewater lines along both Highway 48 and Main Street. The site is part of the Gateway Mixed Use Area under the Stouffville Secondary Plan, with approved Official Plan and Zoning By-law Amendments as of October 2024.