1016-1018 WATERDOWN Road, Burlington (Bayview) - Vacant Land for Sale
1016-1018 WATERDOWN Road, Burlington (Bayview), Ontario, L7T1N3
ft²
$2,950,000
Burlington
1016-1018 WATERDOWN Road, Burlington (Bayview), Ontario, L7T1N3
$2,950,000
Burlington
This lot in Burlington is for sale offering roughly 13,552 sq ft of space.
MXG-zoned development site measuring approximately 90' x 150', conveniently located on a bus route with easy access to major highways and within walking distance to Aldershot GO. Amenities are at your fingertips, whether heading up to Waterdown for shopping and services, exploring the Bruce Trail, or enjoying a relaxing outing at the Royal Botanical Gardens (RBG), LaSalle Park, or Hidden Valley Park. Currently the site of the Aldershot Farmers' Market, this property presents an excellent redevelopment opportunity with potential for an 11-storey building as-of-right, with the opportunity to seek additional height. A 29-storey development has received approval directly across the street, further highlighting the area's redevelopment potential. The properties previously contained single-family homes, and municipal services are already available to the site. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 83 days on market, against an average age of 60 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.
This vacant land in Burlington (Bayview) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,950,000, about 31.7× the local median household income of $93,000.
Carrying it typically needs a household income of about $576,238 (20% down, 25-yr amortization, stress-tested) — roughly 520% above the area median.
Source: Statistics Canada, 2021 Census (FSA L7T)
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