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Description
Nestled on 7.1 acres of pristine land just south of Hwy 407 and west of Mavis Road, this vacant property offers a prime investment opportunity. The property has undergone a Development Feasibility study by Glen Schnarr & Associates Inc., and confirmation of Sanitary Sewer installation is available from Rand Engineering Corporation. Currently, the property is not accessible by public road but can be reached via Old Derry Road. With its potential for diverse development projects such as a long-term care facility, seniors home, affordable housing, or stacked townhomes, and its proximity to major transportation routes, this property is a valuable asset. Given its private ownership and substantial development potential, thorough due diligence is essential to realize its full potential. Based on the review of the Provincial Policy Statement, Parkway Belt west Plan, Region of Peel Official Plan, City of Brampton Official Plan & Bram west secondary Plan, We believe it would be appropriate to develop the subject Property for Residential Uses. **EXTRAS** Whether you are a seasoned Investor, Developer, Builder or just getting started - this property is the perfect Canvas for your next Project.
Overview
Property ID:
HML-987632572005
Type:
Land
Square:
7 ft2
Price:
$1,500,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Acres
Cooling:
Heating:
Unknown
ParkingFeatures:
Unknown
YearBuilt:
Unknown
TaxAnnualAmount:
1205.6
PossessionDetails:
TBD
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