What do you think about below Site which is 5.5 acres + (2.737 acres developable) ?

 

-Approximately 488 of frontage

-Located at the entrance to the village of Stouffville

-East of Highway 48 (Markham Rd), on the south side of Main Street

-The Subject Site is located in an area that is experiencing significant growth

-Numerous planning applications on surrounding lands have been submitted to the Township for various proposals for residential, commercial, mixed-use developments

-The planning report for this property shows potential for 10 storey residential development

- $8,900,000.00 ($37 /sqf)

- Taxes:$5,921.01/2020/Annual

-Potential GFA: 237,882.42 
 

 

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Regards