This lot in Brighton is for sale offering roughly 14 sq ft of space.

Description

Prime Highway Commercial Development Opportunity! Rare offering of approximately 14.5 acres of Highway Commercial land ideally located in the growing Town of Brighton, Ontario, with excellent exposure and convenient access to Highway 401. Strategically positioned in ahigh-traffic corridor, this property offers outstanding potential for a wide range of commercial, retail, hospitality, service commercial, and mixed-use development opportunities(subject to approvals). Surrounded by expanding residential communities, established businesses, and major transportation routes, this site presents an exceptional investment and future growth opportunity. Buyers to conduct their own due diligence regarding zoning, permitted uses, servicing, and development potential. (id:66096)

Property Details

MLS®: X13177186
Property Type: Vacant Land
Zoning: HIGHWAY COMMERCIAL HC
Interior Size: 14 ft²
Lot Size: 14 acres
Frontage: 474 ft
Price per Acre: $289,655 per acre
Property Tax: $3,000/yr
Listed: 162 days ago

Features

Lot Features: Irregular lot size

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

162d

Brighton listings, avg age

85d

Price / ft²

$300,000

List price

$4.20M

Haho

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · HARPREET BHARI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $4,200,000, about 50.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $820,407 (20% down, 25-yr amortization, stress-tested) — roughly 888% above the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$4,200,000· $300,000/ft²

For sale

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Financing

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00000 Telephone Road, Brighton - Vacant Land for Sale