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6085-6093 King Rd

0.82 Acres of Residential Land Offered at $3,439,226 USD in Nobleton, ON L0G 1N0

Investment Highlights

  • Subject site is an appropriate location for residential intensification.
  • Property located in growing market
  • Located within the Nobleton Village Core area

Executive Summary

The subject site is an appropriate location for residential intensification as it is located within the Nobleton Village Core area, which is one
of three Village Cores (King City, Nobleton and Schomburg) that are the focal points for accommodate the majority of King’s population and employment growth, provided certain water and wastewater upgrades are implemented by York Region.Based on the foregoing, it is our opinion that the subject site is in an appropriate location for residential intensification as it is located on an Arterial Road and
designated Village Core area in the Official Plan. The subject site has sufficient size to allow for a back-to-back townhouse development, while providing for appropriate setbacks and transition to Neighbourhoods to the southwest.It is our understanding that King Township would favour the subject property as they are actively looking to intensify the Core Area of Nobleton. The property represents an infill site and offers a good location in Nobleton. The end product for the subject property will be townhouse product, which remains in high demand throughout the Greater Toronto Area.

Property Facts

Price $3,439,226 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.82 AC

1 Lot Available

Lot

Price $3,439,226 USD
Price Per AC $4,194,178 USD
Lot Size 0.82 AC

Prime development site offering an opportunity for residential intensification.

zoning

Zoning Code R1A (Single Detached Residential Zone)
R1A (Single Detached Residential Zone)
  • Listing ID: 32973306

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 6085-6093 King Rd, Nobleton, ON L0G 1N0

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