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Home ON Greater Toronto Area Oakville Northwest Oakville
3131 OLD BRONTE Road
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3131 OLD BRONTE Road $6,000,000
4 days ago
$6,000,000
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3131 OLD BRONTE Road
Oakville, Ontario L6M4J3

MLS® Number: 40755059

Listing Description

Exceptional High-Density Residential Development Opportunity in Oakville's Palermo Village Growth Node! Strategically positioned on the NE corner of William Halton Parkway and Old Bronte Road, this 1.012-acre flat lot sits within the heart of Palermo Village North Urban Core - a designated growth area in Livable Oakville Official Plan***Key Highlights: *** Located just west of the new Oakville Hospital and Medical Village*** Nature: Glenorchy Forest and numerous sports fields to the east***Zoned for High-Density Residential: Floor Space Index (FSI) of 4.0+ as per ongoing planning studies. Proposed Density: 100-300 units per site hectare under OPA 34, supporting transit-oriented intensification***Prime Location: Just north of the planned community center, library, and regional transit terminal - a future urban hub for the northwest Oakville community***Connectivity: Trail systems linking to Glenorchy Conservation Area and the Trans-Oakville Pathway, with nearby access to Highway 407***Transit: GO Bus Station & dedicated Go Bus lanes have been approved for SE corner of Hwy 407 & Bronte Rd., Inter regional rapid transit terminal approved for north of Dundas & Bronte Rd***Unmatched Views: Future towers will enjoy panoramic vistas of Lake Ontario, Bronte Provincial Park, and the Niagara Escarpment***Complete Community Vision: Palermo Village is set to become a vibrant, pedestrian-friendly, mixed-use node with commercial, office, civic, and residential uses***This is a rare opportunity in a fast-developing growth area anchored by regional transit infrastructure, civic facilities, and high density residential-use intensification ideal for developers, institutional investors, and strategic landholders. Several adjacent 1-acre+ lots might be available as well. OFFICIAL PLAN DESIGNATED - RESIDENTIAL USE, OFFICIAL PLAN DESIGNATED (69417632)

Location Description

Take Bronte Road north from Dundas, turn right immediately north of William Halton, turm right.

Property Summary

Property Type
Vacant Land
Subdivision Name
1012 - NW Northwest
Title
Freehold
Land Size
1.012 ac|1/2 - 1.99 acres
Annual Property Taxes
$5,892
Time on REALTOR.ca
4 days

Building

Interior Features
Basement Type
None
Building Features
Features
Visual exposure
Utilities
Utility Type
Electricity (Available)
Utility Sewer
Septic System
Water
Well
Neighbourhood Features
Amenities Nearby
Hospital, Public Transit, Schools

Land

Lot Features
Frontage
132 ft
Land Depth
334 ft
Soil Type
Sand/gravel
Other Property Information
Access
Road access
Zoning Description
FD
Data provided by: Cornerstone - Mississauga # 1 - 3450 RIDGEWAY Drive, Mississauga, Ontario L5L0A2

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