How do you like this small Condo site in Oakville?

Highest and best use of this site as per existing official plan is Medium/High Density Residential Envisioning Mixed use and residential condominium in and 8 story building.

Recently Oakville and the Dundas Street Corridor has seen and significant increase in multi story buildings construction/ proposed in past 5 years.

 

This is 0.64 Acres Land with house and usable is 0.5 Acre   , Multiple zoning, can go up to 8 stories.

Below are vendors consultant comments Regarding back in 2017 , Zoning, use, density, etc

 

• Land size : 0.6 acre (27028.18 sqf)   (150 on main road)
• Under Dundas Core official plan area zoning ED (Existing Development Zone)
• Zoning : Medium / High-density Mixed-use development
• Density proposed 2.5 FSI and in 8 story building envelop (67570 sqf GFA)  ($60/sqf buildable).
• Asking $3.9 Million

Recent Comparable selling in the area

 

• Brach condo https://locatecondo.com/i/the-branch-condos/#price selling about $1400/sqf
• Wilmot condo https://locatecondo.com/i/the-wilmot-condos/ $1300 /sqf
• Dear condo https://locatecondo.com/i/the-deane-condos/ Coming soon

 

 

If you wish to sign the BRA and CA to get an access to our Data room let me know?

 

Regards