Description

Receivership sale - incredible opportunity to own 0.97 acres of approved residential development land in Vaughan, fronting on Islington Avenue. The approved development is for a 5-storey residential apartment building with a GFA of 73,319 SF. Zoning by-law amendments and site plan has been approved (subject to conditions). The project launched its 89 units in March 2023 and according to Urbanation, sold at an average price of $1,358 PSF. The property is situated in a residential node of Vaughan, steps to amenities like the Islington Village Centre and Food Basics.