Space
Finished area and layout
- Building Area
- 1.73 ac
1.73 ac
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- land / Mixed Use
Lot
Land, frontage and setting
- Zoning
- MXE
Costs
Price, taxes and monthly charges
About This Property
This land in Burlington offers 1.73 ac of building area. The property has zoned MXE.
MLS Remarks
The Property represents an OLT-approved high-rise redevelopment opportunity that contemplates a significant two-phase redevelopment concept totaling 621,616 sf, including 326,771 sf in Phase 1, 294,845 sf in Phase 2, and a 7,858 sf park. In addition to the approved high-rise concept, the Property offers meaningful phasing flexibility, with the ability to be positioned as a comprehensive development site or as two separate phased development parcels, providing purchasers with optionality to pursue multiple residential strategies, including condominium, purpose built rental, seniors housing, or alternative lower-height and lower-density built forms. The Property benefits from exceptional connectivity within the Greater Toronto and Hamilton Area, situated approximately 750 metres southwest of Aldershot Go station. This key transit hub provides direct service to Union station in approximately 50 minutes and downtown Hamilton in Just 20 minutes, offering convenient access for both commuters and residents. Vehicular accessibility is equally strong, with the Highway 403 / Waterdown Road interchange located Just 500 metres north of the Site, enabling seamless regional connectivity. The surrounding area offers a highly desirable lifestyle supported by abundant recreational and retail amenities. The Lake Ontario waterfront, along with Lasalle Park and Lasalle Park Marina, are all located approximately 1 kilometre south of the Property, providing residents with immediate access to green space and leisure opportunities. In addition, the Property is within close proximity to the walkable retail corridor along Plains Road West, Shopping Centre is Just a five-minute drive east, offering a full range of shopping, dining. while Mapleview and service amenities. Notably, the Aldershot mobility hub continues to attract significant intensification, with 18 condominium projects proposed in the immediate vicinity of Aldershot Go station, representing approximately 15,833 units.
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