Description

Listed by CUSHMAN & WAKEFIELD

The property is a 1.42 acre development site for sale. The property has received final site plan approval and is in the process of obtaining development approvals. Certain zoning compliance and minor variance matters remain outstanding. The current approval is for a six-storey mixed-use building comprising 203 residential units and a total gross floor area of 185, 161 square feet. There may be potential to pursue additional height and density on the property, subject to municipal approvals, which have not been obtained. This planning context is supported by nearby precedent, including a development across the street that contemplates a built form in the range of 8-10 storeys. The property is being offered with the flexibility for a purchaser to choose to assume existing agreements of purchase and sale or not. The property is being sold by the Receiver on an "as is, where is" basis without the representation or warranty. Situated at the corner of Bronte Road and Lakeshore Road West, the property offers a rare development opportunity in the heart of Bronte Village, one of oakville's most desirable and established lakefront communities. Defined by it unique setting where Bronte Creek meets Lake Ontario, the area offers a highly walkable, amenity-rich environment and access to transit including Bronte Go Station.