1144 Kingston Road, Pickering, Ontario L1V 1B4

Listed for:
$1
0 beds
0 baths
Listed 121 days ago
1144 Kingston Road, Pickering, Ontario L1V 1B4

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Listing provided by:
RE/MAX ROUGE RIVER REALTY LTD.
MLS® number:
E7401418
Agent:
Hussein Kabani
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About

Exceptional development opportunity in prime Pickering location! This half-acre land, previously draft plan approved for approximately 8,500 sq ft of combined retail and medical office space, presents a lucrative venture for discerning developers. Nestled in the dynamic Kingston Road Corridor, the property benefits from the city's expansive growth plans, including the Kingston Road Corridor Intensification Plan, potentially broadening its developmental scope. Directly opposite this site, three new buildings with over 1,300 residential units are underway, signaling a significant upswing in local demand and vibrancy. Furthermore, Pickering's commitment to enhanced connectivity through the Integrated Transportation Master Plan (ITMP) promises increased accessibility and convenience, augmenting the property's appeal. Seize this unique opportunity to invest in a rapidly developing area, ripe with possibilities for a future-proofed commercial hub. **** EXTRAS **** Buyer(s) to conduct own due diligence. List price of $1 to solicit offer(s), vendor reserves right to decline any and all offers. Access strictly by confirmed appointment via listing brokerage. (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby
Highway, Public Transit

Location

Summary

Located in a prime Pickering location, this exceptional development opportunity offers half-acre land previously draft plan approved for approximately 8,500 sq ft of combined retail and medical office space. Situated in the dynamic Kingston Road Corridor, the property stands to benefit from the city's expansive growth plans, including the Kingston Road Corridor Intensification Plan, which could potentially broaden its developmental scope. The area is currently experiencing significant growth, with three new buildings with over 1,300 residential units underway, indicating a rising local demand and vibrancy.

Furthermore, Pickering's commitment to enhanced connectivity through the Integrated Transportation Master Plan (ITMP) promises increased accessibility and convenience, further enhancing the property's appeal. This presents a unique opportunity for discerning developers to invest in a rapidly developing area, ripe with possibilities for a future-proofed commercial hub.

Buyer(s) are advised to conduct their own due diligence. The list price of $1 is to solicit offer(s), and the vendor reserves the right to decline any and all offers. Access to the property is strictly by confirmed appointment via the listing brokerage.

This property, located at 1144 Kingston Rd in Pickering, Ontario, boasts a land size of 90.34 x 257.22 FT and is situated in the community of Town Centre. With land amenities such as nearby highway and public transit, this property presents an enticing investment opportunity in a rapidly growing and vibrant area.