All photos · 34
1* Burtons Lane, Vaughan, ON L4L 1J5
$5,900,000
Beds
n/a
Baths
n/a
Type
Commercial
About this home
Tremendous Old Woodbridge Location. This unique 4 property development/investment assembly is being offered for sale. Offering breakdown, 1 Burtons Lane ( wood frame structure), 3 Burtons Lane ( 3,000 sf. multi level wood frame ind/com building) 7988 Kipling Ave 4 bdrm home (currently vacant) & 7994 Kipling Ave.( 3 bedroom home currently leased plus huge block garage /workshop 1200 sf)). The total land area .775 acres. Mixed use zoning. Generate additional income from the Ind/com building and the vacant house plus existing income from rented house. The future holds endless opportunities for future re-development of this site, several potential possibilities including commercial low rise or residential stack or mid rise developments. Walk to Woodbridge Fairgrounds , Market Lane Plaza & Neighborhood. Several Condo Buildings in immediate area due to high demand for this area.
Heating
- · Gas Forced Air Open
Cooling
- · No
What it could cost monthly
Estimated monthly
$27,018
Principal & interest, per month
- Mortgage amount
- $4,720,000
- Down payment
- $1,180,000
- Total interest paid
- $3,385,473
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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Listing brokerage
JDF REALTY LTD.
Each office independently owned and operated.