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795 Brant St 0.56 Acres of Commercial Land Offered at $5,102,228 USD in Burlington, ON L7R 2J3
Investment Highlights
- The Property is improved with two, two-storey brick buildings as well as a single-storey concrete garage
- Upper Brant Precinct
Executive Summary
The Vendor submitted an OPA, ZBA, and a Refusal to Grant Demolition Permit related to the Ontario Heritage Act to the municipality for approval and subsequently appealed the development to the OLT. The OPA seeks to introduce site-specific provisions to the Mixed Use Corridor - General land use designation that would allow a 33-story mixed-use building consisting of retail/service commercial uses at-grade and residential uses at a maximum density of 1,408 units per net hectare. The ZBA seeks to rezone the
Site and the portion of the City’s right-of-way from Mixed Use General (MXG) to Mixed Use General Site Specific 541 (H-MXG-541) and add site-specific exceptions. The OLT approved the development in May 2024 with an interim order allowing the development to move forward. The Vendor is required to submit a Heritage Conservation Plan and a heritage permit application to the satisfaction of the City, prior to the issuance of the final order.
Site and the portion of the City’s right-of-way from Mixed Use General (MXG) to Mixed Use General Site Specific 541 (H-MXG-541) and add site-specific exceptions. The OLT approved the development in May 2024 with an interim order allowing the development to move forward. The Vendor is required to submit a Heritage Conservation Plan and a heritage permit application to the satisfaction of the City, prior to the issuance of the final order.
Property Facts
| Price | $5,102,228 USD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.56 AC |
| Zoning | H-MXG-541 | ||
| Price | $5,102,228 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.56 AC |
| Zoning | H-MXG-541 |
1 Lot Available
Lot
| Price | $5,102,228 USD | Lot Size | 0.56 AC |
| Price Per AC | $9,111,121.91 USD |
| Price | $5,102,228 USD |
| Price Per AC | $9,111,121.91 USD |
| Lot Size | 0.56 AC |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
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795 Brant St
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