MXG zoned lot 40 X 153 sq ft., conveniently located on a bus route with easy access to major HWY's as well as within walking distance to Aldershot GO. Easy access to amenities is at your fingertips, whether you go up to the town of Waterdown with its shops, or the Bruce Trail, or down, & chose the RBG, LaSalle Park or Hidden Valley Park for a relaxed outing. Currently the site of Aldershot Farmers Market. Redevelopment opportunity to build 11 stories - as of right - plus the opportunity to seek additional height with a 29-storey building having received approval directly across the street. Properties previously had single-family homes on them, so all the services are there. (id:66096)

Property Details

MLS®: W13668454
Property Type: Vacant Land
Business Type: Residential
Zoning: H-MXG-534
Lot Size: 6,098 sq ft (0.14 ac)
Frontage: 40 ft
Garage: Other
Property Tax: $3,066/yr
Listed: 84 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

84d

Burlington (Bayview) listings, avg age

60d

List price

$1.55M

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.

Haho

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Listed by RE/MAX ESCARPMENT REALTY INC. · RAYMOND LOYA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7T)

This home lists at $1,550,000, about 16.7× the local median household income of $93,000.

Carrying it typically needs a household income of about $302,769 (20% down, 25-yr amortization, stress-tested) — roughly 226% above the area median.

Median household income: $93,000
Population: 18,555
Median age: 48.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L7T)

$1,550,000

For sale

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Financing

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