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1016-1018 Waterdown Road
homes for sale · Burlington · Bayview
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$2,950,000

1016-1018 Waterdown Road

Bayview, Burlington · MLS® W13673162

13,552 sq ft · 0 sq ft lot · Land · Vacant Land · 72 days on market

listed by RAYMOND LOYA, RE/MAX ESCARPMENT REALTY INC.

realtor's description

MXG-zoned development site measuring approximately 90' x 150', conveniently located on a bus route with easy access to major highways and within walking distance to Aldershot GO. Amenities are at your fingertips, whether heading up to Waterdown for shopping and services, exploring the Bruce Trail, or enjoying a relaxing outing at the Royal Botanical Gardens (RBG), LaSalle Park, or Hidden Valley Park. Currently the site of the Aldershot Farmers' Market, this property presents an excellent redevelopment opportunity with potential for an 11-storey building as-of-right, with the opportunity to seek additional height. A 29-storey development has received approval directly across the street, further highlighting the area's redevelopment potential. The properties previously contained single-family homes, and municipal services are already available to the site.

property details

type
Land, Vacant Land
living area
13,552 sq ft
lot
0 sq ft
parking
0
property tax
$6,284 / yr
days on market
72
MLS®
W13673162

monthly cost

$13,377/mo
Mortgage $12,853 · Tax $524

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$12,853/ monthly
loan $2,360,000
25-year amortization
total interest
$1,495,860
cash to close
$590,000
down payment; transfer tax and fees not included
total paid
$3,855,860

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Bayview, BurlingtonGoogle Maps ↗

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listed by
RAYMOND LOYA
RE/MAX ESCARPMENT REALTY INC.
call RAYMOND · 289-937-6601
Powered by: REALTOR.ca

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location

Bayview, BurlingtonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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