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
Details
| MLS # | 40755059 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 391 |
| Listing Provided By | RE/MAX Realty Specialists Inc. | Dan Saracini |
Features
| Zoning | FD |
|---|---|
| Acreage | 1.01 |
Interior
| Cooling Yes / No | No |
|---|
Exterior
| Lot Features | Urban, Rectangular, Ample Parking, Hospital, Public Transit, Schools, Visual Exposure |
|---|
Utilities
| Utilities | Cell Service, Electricity Connected, Street Lights |
|---|---|
| Sewer | Septic Tank |
Taxes
| Tax Annual Amount | 5892 |
|---|
Area Information
| Province | ON |
|---|---|
| Region | Halton |
| City | Oakville |
| Postal Code | L6M 4J3 |
| Area | 1 Oakville |
| Subarea | 1012 NW Northwest |
| Community Name | 1012 NW Northwest |
| School District | White Oaks, St Ignatius Of Loyol |
| Elementary School | Palermo, St.Mary Ces |
| High School | White Oaks, St Ignatius Of Loyol |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Halton |
| City | Oakville |
| Postal Code | L6M 4J3 |
| Area | 1 Oakville |
| Subarea | 1012 NW Northwest |
| Community Name | 1012 NW Northwest |
| School District | White Oaks, St Ignatius Of Loyol |
| Elementary School | Palermo, St.Mary Ces |
| High School | White Oaks, St Ignatius Of Loyol |
