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$ 9,800,000
Est. payment | /mo
3 SqFt
$ 9,800,000
Est. payment | /mo
3 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 3 sqft
Price per Sqft $3,266,666
Subdivision 1049 - Rural Halton Hills
MLS Listing ID W12103585
Annual Tax Amount $11,780
Tax Year 2024
Property Sub-Type Land
Property Description
Prime Medium density development site in the Vision Georgetown Secondary plan allowing standard townhomes, back to back, stacked, 5 story condo or purpose build rental. Also allows long term care homes and retirement homes. Corner property on Trafalgar and major arterial road. Seller has concept plan for 281 units in six story building. Two homes currently generating $60,000 gross income with potential to increase to $78,000 with leasing of 2 workshops. Seller willing to hold 70% financing at 2% interest for a 3 year term. Block plans to be submitted for whole secondary plan by late spring with servicing to commence in fall of spring of 2025. Please email Nick Lawlor at nicklawlor@royallepage.ca for complete brochure. Do not walk the property without notice. Property includes 10617 and 10641 Trafalgar Road
Location
Province ON
County Halton
Community 1049 - Rural Halton Hills
Area Halton
Exterior
Utilities Available Yes
Lot Frontage 317.55
Lot Depth 433.0
Others
Security Features No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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