Description
Receivership sale - incredible opportunity to own 0.97 acres of approved residential development land in Vaughan, fronting on Islington Avenue. The approved development is for a 5-storey residential apartment building with a GFA of 73,319 SF. Zoning by-law amendments and site plan has been approved (subject to conditions). The project launched its 89 units in March 2023 and according to Urbanation, sold at an average price of $1,358 PSF. The property is situated in a residential node of Vaughan, steps to amenities like the Islington Village Centre and Food Basics.
Details
| MLS # | N12686200 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 223 |
| Listing Provided By | COLLIERS | N12686200 336800 |
Features
| SQ Feet | 42,514 |
|---|---|
| Acreage | 0.98 |
Utilities
| Utilities | Available |
|---|---|
| Sewer | Sanitary+Storm |
Taxes
| Tax Annual Amount | 11026.94 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | BLOCK 6, PLAN 65M3467, VAUGHAN. SUBJECT TO AN EASEMENT AS IN YR2927821 |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | York |
| City | Vaughan |
| Postal Code | L4H 1V6 |
| Area | Sonoma Heights |
| Listing VS Median (in L4H 1V6) | |
Price: $1 low | high Med: $1 sqft: 42,514 low | high Med: 42,514 $ / sqft: $0 low | high Med: $0 On site: 223 low | high Med: 223 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | York |
| City | Vaughan |
| Postal Code | L4H 1V6 |
| Area | Sonoma Heights |
| Listing VS Median (in L4H 1V6) | |
Price: $1 low | high Med: $1 sqft: 42,514 low | high Med: 42,514 $ / sqft: $0 low | high Med: $0 On site: 223 low | high Med: 223 | |
Listing Updated: June 29, 2026 at 2:39:01 PM PDT