$2,950,000
For sale: Vacant Land

MXG-zoned development site measuring approximately 90' x 150', conveniently located on a bus route with easy access to major highways and within walking distance to Aldershot GO. Amenities are at your fingertips, whether heading up to Waterdown for shopping and services, exploring the Bruce Trail, or enjoying a relaxing outing at the Royal Botanical Gardens (RBG), LaSalle Park, or Hidden Valley Park. Currently the site of the Aldershot Farmers' Market, this property presents an excellent redevelopment opportunity with potential for an 11-storey building as-of-right, with the opportunity to seek additional height. A 29-storey development has received approval directly across the street, further highlighting the area's redevelopment potential. The properties previously contained single-family homes, and municipal services are already available to the site.
Sold data
Homes in Burlington (Bayview) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 50, across 595 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $925,000.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 595 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Burlington (Bayview) has 51 Fraser Institute–rated schools (43 elementary and 8 secondary), averaging 7.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
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