7445 Islington Ave

$8,800,000

7445 Islington Ave

East Woodbridge, Vaughan, York, L4L 1W2 $8,800,000
Beds
0 Baths
Parking for
E Facing
Listing #:
N8072790
Taxes:
$9,293.40 / 2023
Listed:
February 16 2024
Basement:
Brokerage:
RE/MAX EXPERTS
Status:
Active
Outside:
Year Built:
Intersection:
Highway 7 & Islington
Property Type:
Vacant Land
Property Style:
Rooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Heating Type:
Heating Fuel:

**Rare 9.39 Acre Lot well located on the border of Toronto & Vaughan near public transit, highway access, schools & shopping. 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 ravine setting for much needed new residential units or other development to support Vaughan's growth! Many developments underway in the immediate vicinity, including a proposed3-4 storey residential apartment with 90 units and 108 parking spaces. INFILL Land with Prime Development Opportunity!

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.



by Home Type

* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)