Property
| Ownership: | For Sale |
|---|---|
| Type: | Land |
Financials
Price:C2,799,000
($1,963,800)
(€1,752,500)
Annual Taxes:C1,475
An exceptional opportunity for investors or builders seeking development ready vacant land.
Description
An exceptional opportunity for investors or builders seeking development-ready vacant land. The offering consists of three contiguous parcels (180 & 186 Commissioners Rd W / 546 Viscount Rd) totalling approximately 55,251 sq ft. Zoned R9-4, the site is well positioned for immediate development. Plans are in place for a 49-unit project across two buildings, including a 39-unit apartment with complete drawings, renderings, and full site plan approval, making it effectively shovel ready. The second component is a 10-unit townhouse development with zoning approvals and preliminary plans already completed, offering additional upside and flexibility. Situated within the established Southcrest Estates neighbourhood, the property benefits from a strong residential setting with a mix of single-family homes, townhouses, and mid-rise apartment buildings. The site sits at the intersection of Commissioners Rd W and Viscount Rd, providing excellent connectivity and exposure along a key arterial corridor. The area is undergoing gradual intensification, supported by the City's planning framework, with nearby schools, parks, transit routes, and everyday amenities all within close proximity, making it an attractive and transit-supportive location for future residential development.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.