Fourth Line & Britannia Rd
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+22 more
$10,888,000

Fourth Line & Britannia Rd

Milton (BW Bowes), Ontario, L9T7E8

Active
62,042
Sq Ft
1.4
Lot (sqft)
5
Parking

Description

Presenting this rare opportunity to own at the northwest corner of Fourth Line and Britannia Road in Omagh, Milton.Combining two parcels totalling 1.4+ acres in one of Ontario's fastest-growing communities.Located at a key future high-density corner on the six-lane Britannia Road bypass, this site offers flexible options for mixed-use development with up to 8-storey buildings or 4-storey live/work units with no density limits, giving developers the freedom to create a standout project. The property is fully prepared for development, with Phase 1 Environmental clearance, Phase 1 & 2 Archaeological reports, survey and topographical survey, tree inventory, and pre-consultation with the Town of Milton completed. Water and sewer allocation has been approved by the Town Council, and the Region allocation deposit has been submitted to secure preferred servicing. Just minutes from parks, schools, retail, dining, and recreational facilities, with a new university campus planned nearby, the site offers excellent connectivity to Highways 401 and 407, Milton GO Station, and local transit. Surrounding neighbourhoods are already established, with new construction south of the property scheduled to begin in 2026, creating immediate context for future development. This corner assembly is poised for continued growth, boasting immediate development potential while offering long-term value and enduring appeal for visionary investors and developers. (id:60351)

Overview

Property Typeresidential
Sub-Typevacant land
StatusActive
MLS #W12542066

Parking

Total Spaces5

Fees & Taxes

Annual Taxes$10,735.36

Listing Information

MLS#: W12542066


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$2,177,600
5%20%50%
Estimated Monthly Payment
$48,415
/month
Mortgage
$8,710,400
Total Interest
$5,814,170

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$258,675
Total Due on Closing$258,675

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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Fourth Line & Britannia Rd Milton (BW Bowes) — $10,888,000 — Not A Dream Realty | Not A Dream Realty