8134 Yonge
8134 Yonge photo 2
8134 Yonge photo 3
$59,999,000

8134 Yonge

Vaughan (Uplands), Ontario, L4J1W4

Active
3
Sq Ft
2.65
Lot (sqft)

About This Property

This vacant land in Vaughan (Uplands) offers 3 sq ft of living space on a 2.65 sq ft lot. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

Attention investors, builders, and developers! A rare 2.65-acre land assembly at the heart of Thornhill along Yonge Street: 8108 & 8134 Yonge St, 6 Thornhill Ave, and 5 & 7 Helen Ave. Spanning two prominent corners in Vaughan's Thornhill community, this site offers exceptional future redevelopment potential given its lot size, configuration, and land use designation for mid-rise, mixed-use, high-density within PMTSA #19.Strategic income + user upside: 8134 Yonge is vacant (ideal for an owner-user), while the 8108 Yonge plaza is ~85% tenanted, and all residential properties are fully leased, generating holding income during planning and entitlements.Unbeatable transit connectivity: located along the YRT bus route, minutes to Highway 407 and Langstaff GO Station, and less than a 5-minute walk to the future Royal Orchard TTC Station once the subway extension is complete.Create your landmark project in the center of Thornhill's growth and transformation. (id:60351)

Overview

Property Typeresidential
Sub-Typevacant land
StatusActive
MLS #N12511434

Interior

HeatingForced air, Natural gas
CoolingFully air conditioned

Fees & Taxes

Annual Taxes$115,026.16

Listing Information

MLS#: N12511434


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

$
$11,999,800
5%20%50%
Estimated Monthly Payment
$266,795
/month
Mortgage
$47,999,200
Total Interest
$32,039,343

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

Land Transfer Tax

$
Ontario LTT$1,486,450
Total Due on Closing$1,486,450

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

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