Inside the home
This is a vacant 1.37-acre development parcel on Henry Street with R4A-47 zoning in place. The zoning allows double duplexes and fourplexes, up to a maximum of 16 units on the lot. A site plan has already been drawn up showing four fourplex buildings in the southern section with a shared parking area along the street frontage. The lot is irregular — an L-shape with the wider portion at the rear. City bylaw requires a 25-metre buffer from the rear yards of the neighbouring properties to the north, which the site plan appears to account for. Maximum building height is two storeys. Highway 403 access is close, and the Arrowdale redevelopment is underway on an adjacent site. Buyers should confirm servicing availability, site plan approval status, and any outstanding conditions with the City before proceeding.
- 1.37-acre parcel with R4A-47 zoning permitting up to 16 units
- Site plan already prepared showing four fourplex buildings
- Frontage on Henry Street with Highway 403 nearby
- Large lot dimensions allow flexible building placement
- 25-metre rear setback restriction already accounted for in site plan
RARE FIND: an exceptional investment opportunity for developers! This prime 1.37-acre property, situated next to the exciting new Arrowdale Golf Course development, offers tremendous potential for growth and profitability. Zoned for both double duplex and fourplex dwellings, with the high possibility to accommodate even more units, this parcel is perfectly positioned to capitalize on the municipality's push for higher-density use in the area. The demand for housing in this highly desirable location is on the rise, making this an ideal investment for those looking to maximize returns. Located just seconds from Highway 403 and surrounded by an array of amenities, this property offers convenience, accessibility, and incredible development potential. Secure your place in this rapidly growing community—this opportunity won't last long.