***DEVELOPMENT READY OPPORTUNITY*** OFFER DATE December 15th 2025***
This offering is for Land 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 will require a complete interior renovation and could be used as a Construction Site Office & Sales Centre, and then sold when the project is complete. Consider the Value of a 3,000 sq ft 6 Bedroom Home on approximately 1/2 Acre Ravine Lot in this highly desirable neighbourhood !! Then you still have 7 Development lots !
Pre-consultation meeting has been held with favourable comments. Owner reports 95 % of work for Site-plan approval has been completed. Small site (under 10 units) OPA is required.
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.