$6,000,000
Available - For Sale
Listing ID: W12311756
3131 Old Bronte Road , Oakville, L6M 4J3, Halton
| 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. |
| Price | $6,000,000 |
| Taxes: | $5892.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 3131 Old Bronte Road , Oakville, L6M 4J3, Halton |
| Postal Code: | L6M 4J3 |
| Province/State: | Halton |
| Legal Description: | PT LT 30, CON 1 TRAFALGAR, NORTH OF DUND |
| Directions/Cross Streets: | Dundas/Bronte |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Designated |
| Use: | Residential |
| Building Percentage: | T |
| Total Area: | 1.01 |
| Total Area Code: | Acres |
| Area Influences: | Major Highway Public Transit |
| Washrooms: | 0 |
| Sewers: | Septic |
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| RE/MAX REALTY SPECIALISTS INC. |
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At a Glance:
| Type: | Com - Land |
| Area: | Halton |
| Municipality: | Oakville |
| Neighbourhood: | 1012 - NW Northwest |
| Tax: | $5,892 |
| Fireplace: | N |
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