An excellent opportunity to acquire a prime transit-oriented redevelopment opportunity located in Burlington. The property is conveniently located less than 1km southwest of the Burlington GO Train Station, connecting to Toronto's Union Station in 45 minutes and downtown Hamilton in 25 minutes. Addi...tionally, the QEW-Brant Street interchange is located 1km north of the Site. The property has received OLT Approval for a high-rise redevelopment that would allow a33-storey mixed-use consisting of retail/service commercial uses at-grade and residential uses at a maximum density of 1,408 units per net hectare. The OLT approved the development in May 2024 with an interim order allowing the development to move forward. The Vendor is required to submit a Heritage Conservation Plan and a heritage permit application to the satisfaction of the City, prior to the issuance of the final order. There are three major retail centres within a five-minute drive of the Site - The Burlington and Brant Power Centres, Mapleview Mall and RioCan Burlington Centre, providing a comprehensive range of national and international retailers as well as multiple grocery and service options. Downtown Burlington is also just south of the Site, which provides various dining, entertainment and recreational options including the Burlington waterfront trail network, Spencer Smith Park and the Lake Ontario waterfront.
Similar Properties(No results)
Mortgage Calculator
Calculate your estimated monthly mortgage payment
Price
$7,900,000
$
%
%
Total cost of mortgage
$0
Monthly payment
By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).
The accuracy and applicability of this calculator are not guaranteed.
