10617* Trafalgar RD new

Halton Hills,ON L7G 4S5

$ 9800000

- Bed

- Bath

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

Zoning AGRICULTURE/DES MED DENSITY SECONDARY PL

Interior

Inclusions two houses and two large workshops

Exterior

Utilities Available Yes

Building

Lot Description Lot

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