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Block 23-24

870 Unit Apartment Building $45,000,000 CAD ($51,724 CAD/Unit) Oakville, ON L6H 7B9

INVESTMENT HIGHLIGHTS

  • Approved 870 Units with Allocation
  • Main Floor Retail Space Earmarked for Institutional Use
  • 5:1 coverage (+/-640,000 SF)
  • 3 High-Rise Towers (23, 20 and 16 Storeys)
  • Parkland Dedication Included

EXECUTIVE SUMMARY

Positioned within the vibrant Oakville area, this remarkable property at Trafalgar and Dundas offers an exceptional opportunity for residential development. Within the Trafalgar Urban Core, this site comes with the advantage of an approved 870 units with allocation across 3 high-rise towers (30 Storeys Max). Main floor retail space has been earmarked and set aside for a local institutional use enhancing its appeal, this property is primed for success. The added benefit of parkland dedication included combined with its potential for apartments or condominiums and a 5:1 coverage ratio of (+/-640,000 SF), presents an excellent investment opportunity.

PROPERTY FACTS

Price $45,000,000 CAD
Price Per Unit $51,724 CAD
Sale Type Investment
No. Units 870
Property Type Multifamily
Property Subtype Apartment
Apartment Style High Rise
Building Class A
Lot Size 3.32 AC
Construction Status Proposed
Building Size 640,000 SF
No. Stories 23
Year Built 2026
Cross Streets Trafalgar Rd/Threshing Mill Blvd

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Bike Score®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31873045

  • Date on Market: 2024-05-21

  • Last Updated:

  • Address: Block 23-24, Oakville, ON L6H 7B9

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