789-795 Brant ST new

Burlington,ON L7R 2J2

$ 7900000

- Bed

- Bath

24582 SqFt


Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 24,582 sqft

Price per Sqft $321

Subdivision Brant

MLS Listing ID W12418320

Annual Tax Amount $79,534

Tax Year 2024

Property Sub-Type Land

Property Description

An excellent opportunity to acquire a prime transit-oriented redevelopment opportunity located in Burlington. The property is conveniently located less than 1km southwest of the Burlington GO Train Station, connecting to Toronto's Union Station in 45 minutes and downtown Hamilton in 25 minutes. Additionally, the QEW-Brant Street interchange is located 1km north of the Site. The property has received OLT Approval for a high-rise redevelopment that would allow a33-storey mixed-use consisting of retail/service commercial uses at-grade and residential uses at a maximum density of 1,408 units per net hectare. The OLT approved the development in May 2024 with an interim order allowing the development to move forward. The Vendor is required to submit a Heritage Conservation Plan and a heritage permit application to the satisfaction of the City, prior to the issuance of the final order. There are three major retail centres within a five-minute drive of the Site - The Burlington and Brant Power Centres, Mapleview Mall and RioCan Burlington Centre, providing a comprehensive range of national and international retailers as well as multiple grocery and service options. Downtown Burlington is also just south of the Site, which provides various dining, entertainment and recreational options including the Burlington waterfront trail network, Spencer Smith Park and the Lake Ontario waterfront.

Location

Province ON

County Halton

Community Brant

Area Halton

Zoning Mixed Use General Site Specific 541 (H-MXG-541)

Exterior

Utilities Available Available

Lot Frontage 143.0

Lot Depth 239.0

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