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:
E7401498
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 (id:27476)

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Location

Summary

Here is a fantastic opportunity for development in a prime location in Pickering! This half-acre piece of land was previously approved for a draft plan that would allow for approximately 8,500 sq ft of retail and medical office space. It is an ideal venture for developers who have a discerning eye for potential. Situated in the bustling Kingston Road Corridor, this property stands to benefit from the city's extensive growth plans, including the Kingston Road Corridor Intensification Plan, which could significantly expand its development possibilities.

Located directly across from this site, three new buildings are currently under construction, with over 1,300 residential units in the works. This signals a substantial increase in local demand and activity, making this property an even more attractive investment. Additionally, Pickering is committed to improving connectivity through the Integrated Transportation Master Plan (ITMP), which will enhance accessibility and convenience, further adding to the appeal of this property. Don't miss out on this exceptional opportunity to invest in a rapidly growing area that offers endless potential for a future-proofed commercial hub.

Buyer(s) are advised to conduct their own due diligence. The list price is set at $1 to solicit offer(s), and the vendor reserves the right to decline any and all offers.

This property is currently for sale and boasts a land size of 90.34 x 257.22 FT. It is located at 1144 Kingston Rd in the city of Pickering, Ontario, with a postal code of L1V1B4. Situated in the community of Town Centre, this property presents an exciting opportunity for the right investor.