1.6 acres at two prominent corners on Yonge Street in the Thornhill Community in Vaughan, the property represents a prime investment opportunity with future redevelopment potential given its lot size, configuration and land use designation allowing for high density redevelopment. Ideally located in the PMTSA #19 and designated mid-rise mixed-use. Given that the building at 8134 Yonge is vacant, the site provides a unique opportunity for a user to occupy the building while generating holding income from the plaza at 8108 Yonge that is currently 85% tenanted. The property is along the existing YRT bus route and minutes to Highway 407 and Langstaff GO Station. Site will also be less than a 5-min walk from the future Royal Orchard TTC Station once the subway extension is complete. The offer submission date is to be announced.
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