The Bill Parnaby Team - Caledon Realtors


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35 Station Road King, Ontario L7B 1E2

28018.43 sqft

$3,500,000

This property is located next to King City GO Station, making it a perfect location for commuters. It has been zoned F, allowing for a variety of 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, along with the flexibility provided by the Official Plan, makes it a highly attractive site for a successful and sustainable development project. **** EXTRAS **** THERE IS OLD HOUSE ON THE PROPERTY BUT THE MAIN VALUE IS THE DEVELOPMENT POTENTIAL. (id:53661)

Property Details

MLS® Number N8334396
Property Type Vacant Land
Community Name King City

Building

Size Interior 28018.43 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 257 Ft
Size Frontage 108 Ft
Size Irregular 108.95 X 257.31 Ft
Size Total Text 108.95 X 257.31 Ft
Zoning Description Zonned \"f\" Transit Station Area Destin