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7445 Islington Ave

Islington AveEast WoodbridgeVaughanON, L4L 1W2

-
Beds
-
Baths
$8,800,000
List Price
7445 Islington Ave, Vaughan, ON - 1 of 3
7445 Islington Ave, Vaughan, ON - 2 of 3
7445 Islington Ave, Vaughan, ON - 3 of 3
123 days on market

Quick Summary

  • Rare 9.39 acre lot with prime development opportunity
  • Well-located near public transit, highways, schools, shopping
  • Potential to contribute diverse housing options and affordability
  • Opportunity to appropriately intensify with enhanced natural areas
  • Fabulous opportunity for small builder/developer to meet housing targets
  • Incredible 439 feet of frontage with 2 driveway entrances
  • Picturesque park-like setting with mature trees and running stream
  • Adjacent to existing residential housing with ravine setting

**Rare 9.39 ACRE Lot well located on the border of Toronto & Vaughan near public transit, highway access, schools & shopping. These lands are within the delineated built boundary of a settlement area, with access to municipal water and wastewater systems. Development opportunities may contribute to a diverse range & mix of housing... Show More

**Rare 9.39 ACRE Lot well located on the border of Toronto & Vaughan near public transit, highway access, schools & shopping. These lands are within the delineated built boundary of a settlement area, with access to municipal water and wastewater systems. Development opportunities may contribute to a diverse range & mix of housing options, lot sizes, functions and tenures and level of affordability within the area. Rare opportunity to appropriately intensify these lands in a wide range of built forms & densities while enhancing Environmentally Significant areas to include the forest landscape setting and access to open spaces along Islington Avenue. Fabulous opportunity for Small Builder/Developer to build more apartments & housing to meet provincially mandated housing targets. This Rare Find Vacant Lot has an Incredible 439 Feet of Frontage & 2 Driveway Entrances off Islington. Its picturesque park-like setting attracts visits from the local deer & has been enjoyed by the same family for over 85 years. With added value in the mature trees & running stream, it offers buyers land-use diversity while still providing the enjoyment of a natural setting! It is adjacent to existing residential housing & offers a perfect natural feature ravine setting for much needed new residential units and/or other development to support Vaughan's growth! Many developments underway in the immediate vicinity, including a proposed 3-4 storey residential apartment with 90 units and 108 parking spaces. Other recent approved developments include residential units at 8274-8286 Islington Avenue. RARE **9.39** ACRES OF INFILL Land with Prime Development Opportunity! Contact broker more information with respect to Official Plan and Zoning By-Law Amendments Applications that may be required to support your proposed vision for development. Last March, Federal gov. launched the Housing Accelerator Fund & Vaughan Council agreed to mandated housing targets to construct new homes by 2031. Fabulous Opportunity for development to meet Vaughan's mandated housing targets.

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Property Details

Parking

None

Utilities

Water
-
Sewer
Sewers

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$9,293.4

Source

Listing Brokerage

MLS® Listing
N8072790
Last Updated
May 28, 2024
Brokerage
RE/MAX EXPERTS
Call us 800-591-0566

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