This property is located next to King City GO Station, making it a perfect location for investment and re-development. Commuters dream. It has been zoned F, allowing for various uses as outlined in the Official Plan. These include mixed-use buildings, medium and higher-density residential uses, live-work dwellings, commercial uses, offices, institutional uses, parking structures, public uses, rail infrastructure and transit facilities, and other accessory uses. New buildings must have a minimum of two functional storeys and a maximum of four storeys, although heights up to six storeys may be considered under certain conditions. The proposed floor space index is 2.5. This presents an exceptional opportunity to create a vibrant, transit-oriented community in the Transit Station Area. The property's location adjacent to the Metrolink parking area and the flexibility provided by the Official Plan make it a highly attractive site for a successful and sustainable development project. LAND VALUE ONLY - NO SHOWING OF THE HOUSE / RE-DEVELOPMENT POTENTIAL ONLY /// BOOK AN APPOINTMENT TO WALK THE LOT SELLER WILL CONSIDER VTB UP TO ONE MILLION FOR A YEAR AT THE PREFFERED INTEREST RATE - CALL FOR DETAILS.
MLS# | 40586690 |
---|---|
Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 128 |
Listing Provided By | SUTTON GROUP QUANTUM REALTY INC | Matthew Czaplinski |
Bed(s) | 3 |
---|---|
Bath(s) | 1 Total |
SQ Feet | 1,600 |
Basement | Y |
Zoning | RESIDENTIAL |
Province | ON |
---|---|
County | York |
City | King City |
Postal Code | L7B 1E2 |
Area | King |
Subarea | King |
Community Name | King |
Listing VS Median (in King) | |
Price: $3,500,000 low | high Med: $3,249,500 SqFt: 1,600 low | high Med: 3,512 $ / SqFt: $2,188 low | high Med: $1,259 On Site: 128 low | high Med: 77.000000 |