C$595,000

The subject property is a 3.84 ha site at 405 Tollgate Rd. just West of McConnell Ave at the Hwy 401 interchange. Zoning is Res 20. The proposal as prepared calls for the construction of 4 x 20 unit residential apartments buildings each with underground parking and the redevelopment of an existing building to be converted to house an additional 12 residential row house units. The proposal calls for the site to be fully serviced. Included with the offering are the concept plans, together with a preliminary site plan development proposal prepared by EVB Engineering and Grant Marion Construction that includes, topographic mapping, preliminary site servicing requirements, run off and storm water storage requirements, An earlier Class D site servicing cost and a list of municipal planning requirements is available. Currently there is a large storage building on site that is shown as being retrofitted for residential purposes. This light warehouse/office building is currently used for storage and office use. It is complete with washrooms and is heated and partially air-conditioned. There is a smaller frame building that is attached to the warehouse on site.