Description

Listed by CBRE LIMITED

3.9 acres located on the south side of Bloor Street E, east of Townline Road S within the community of Courtice. The site represents an exciting opportunity for infill residential development land, situated within a stable neighbourhood with a variety of amenities, schools, parks and services. Located within the Bayview (Southwest Courtice) Secondary Plan area, the Property is designated High Density Residential / Mixed Use which allows for the development of apartment buildings and buildings with commercial uses located on the ground floor with apartment units above. As per the secondary plan policies, the minimum and maximum building heights within this designation are 7 and 12 storeys, respectively, and the minimum density is 48 units per acre. The site is a 3 Minute Drive to Highway 401 and minutes to the Future Courtice GO Station Proposed off Courtice Road. Offers to be reviewed as received.