SALES BROCHURE DETAILS FOR 4.79 ACRES #4137 HWY SEVEN ...
SALES BROCHURE DETAILS FOR 4.79 ACRES #4137 HWY SEVEN UNIONVILLE, ONTARIO CANADA, L3R 1L5 May 14th, 2015
OWNER: PAUL WILLIAM YOUNG TEL: 416 737 2673 SIZE: 4.79 ACRES, 171FEET BY 1229 FT. PRICE: $ 29,500,000. TERMS: CASH, SHORT CLOSING, NO CONDITIONS.
SURVEY: FROM 1976 ZONING: COMMERCIAL, COMUNITY AMENITY, MIXED USE; WWW .MARKHAMCENTRE.COM DUE DILIGENCE: PROPERTY DRILLED BY EARTH TECH FIVE YEARS AGO LOCATED: IN THE TOWN OF MARKHAM IN UNIONVILLE VILLAGE NEAR HWY 7 AND KENNEDY RD. BUILDABLE SQUARE FEET: APPROXIMATELY 3.5 FSI UP TO 5.5 FSI HEIGHT RESTRICTIONS: NOW AT 25 STORIES. IN FUTURE POSSIBLY 50 STORIES AT REAR OF PROPERTY A REA HIGHLIGHTS: LESS THAN 2,000FT FROM UNIONVILLE GO STATION, THE NEW PLANNED 20,000 SEAT HOCKEY ARENA AND SEVERAL PAN AM SPORTS CENTRES. LESS THAN 1,000 FT FROM R E C E N TL Y O P E NE D WHOLEFOODS PLAZA AND TIMES DEVELOPMENT APARTMENTS. NOTABLE EVENTS: YORK REGION IS WIDENNING HWY 7 TO 6 LANES AND NEEDS 3 METERS OF MY FRONTAGE. THEY ARE PRESENTLY SURVEYING MY PROPERTY PRIOR TO PAYING ME FOR WHAT THEY REQUIRE. THE PROPERTY IS'' ALSO 4 FEET BELOW GRADE AND THE NEW HWY 7 WILL ADD ANOTHER FOOT AND A HALF FOR A TOTAL OF FIVE AND HALF FEET HIGHER THAN IT IS NOW. THIS ADDED HEIGHT WILL MOVE ALL THE FLOOD PLAIN LINES BACK ON MY PROPERTY TO THE TOP OF THE BANK DESIGNATION AND WILL ALLOW BUILDING TO A 30 FOOT SETBACK FROM TOP OF BANK.
THE NEW EAST WEST ROAD CALLED ROUGESIDE PROMENADE COMING FROM WARDEN WILL CROSS THROUGH MY PROPERTY AT THE 900 FOOT LEVEL ON ITS WAY OVER TO SCIBERRAS ROAD COMING SOUTH FROM HWY 7, CROSSING THE ROUGE RIVER AND JOINING ENTERPRISE ROAD NEXT TO THE UNIONVILLE GO STATION AND THE PROPOSED NEW 20,000 SEAT ARENA. MANY NEW HOTELS, CINEMAS, CONVENTION CENTRES AND APARTMENTS ARE PLANNED FOR THIS AREA. NUMBER 4137 IS ONE OF ONLY FEW VACANT LOCATIONS THAT WILL BE ALLOWED TO HAVE HIGH RISE APARTMENTS SOUTH OF ROUGESIDE PROMENADE IN POINT TOWERS THAT MAY RISE 50 OR MORE FLOORS OVERLOOKING THE ROUGH RIVER SHERIDAN NURSERIES ALSO HAS THIS OPPORTUNITY BUT THEY ARE NOT PART OF THEIR RECENT APPLICATION SO THEY WILL COME AT A LATER DATE ON THEIR LAND. WITH GREEN INITIATIVES ALL PROPOSALS CAN BE BUMPED UP BY 37% OVER REGULATED APPROVALS. THE NEW SANITARY SEWER IS NOW IN PLACE WITH ALL FUTURE UTILITIES ARE IN FINAL DESIGN STAGES TO GO INTO THE NEW HWY SEVEN TO BE COMPLETED IN EARLY 2014.
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OWNER: PAUL WILLIAM YOUNG TEL: 416 737 2673 SIZE: 4.79 ACRES, 171FEET BY 1229 FT. PRICE: $ 29,500,000. TERMS: CASH, SHORT CLOSING, NO CONDITIONS.
SURVEY: FROM 1976 ZONING: COMMERCIAL, COMUNITY AMENITY, MIXED USE; WWW .MARKHAMCENTRE.COM DUE DILIGENCE: PROPERTY DRILLED BY EARTH TECH FIVE YEARS AGO LOCATED: IN THE TOWN OF MARKHAM IN UNIONVILLE VILLAGE NEAR HWY 7 AND KENNEDY RD. BUILDABLE SQUARE FEET: APPROXIMATELY 3.5 FSI UP TO 5.5 FSI HEIGHT RESTRICTIONS: NOW AT 25 STORIES. IN FUTURE POSSIBLY 50 STORIES AT REAR OF PROPERTY A REA HIGHLIGHTS: LESS THAN 2,000FT FROM UNIONVILLE GO STATION, THE NEW PLANNED 20,000 SEAT HOCKEY ARENA AND SEVERAL PAN AM SPORTS CENTRES. LESS THAN 1,000 FT FROM R E C E N TL Y O P E NE D WHOLEFOODS PLAZA AND TIMES DEVELOPMENT APARTMENTS. NOTABLE EVENTS: YORK REGION IS WIDENNING HWY 7 TO 6 LANES AND NEEDS 3 METERS OF MY FRONTAGE. THEY ARE PRESENTLY SURVEYING MY PROPERTY PRIOR TO PAYING ME FOR WHAT THEY REQUIRE. THE PROPERTY IS'' ALSO 4 FEET BELOW GRADE AND THE NEW HWY 7 WILL ADD ANOTHER FOOT AND A HALF FOR A TOTAL OF FIVE AND HALF FEET HIGHER THAN IT IS NOW. THIS ADDED HEIGHT WILL MOVE ALL THE FLOOD PLAIN LINES BACK ON MY PROPERTY TO THE TOP OF THE BANK DESIGNATION AND WILL ALLOW BUILDING TO A 30 FOOT SETBACK FROM TOP OF BANK.
THE NEW EAST WEST ROAD CALLED ROUGESIDE PROMENADE COMING FROM WARDEN WILL CROSS THROUGH MY PROPERTY AT THE 900 FOOT LEVEL ON ITS WAY OVER TO SCIBERRAS ROAD COMING SOUTH FROM HWY 7, CROSSING THE ROUGE RIVER AND JOINING ENTERPRISE ROAD NEXT TO THE UNIONVILLE GO STATION AND THE PROPOSED NEW 20,000 SEAT ARENA. MANY NEW HOTELS, CINEMAS, CONVENTION CENTRES AND APARTMENTS ARE PLANNED FOR THIS AREA. NUMBER 4137 IS ONE OF ONLY FEW VACANT LOCATIONS THAT WILL BE ALLOWED TO HAVE HIGH RISE APARTMENTS SOUTH OF ROUGESIDE PROMENADE IN POINT TOWERS THAT MAY RISE 50 OR MORE FLOORS OVERLOOKING THE ROUGH RIVER SHERIDAN NURSERIES ALSO HAS THIS OPPORTUNITY BUT THEY ARE NOT PART OF THEIR RECENT APPLICATION SO THEY WILL COME AT A LATER DATE ON THEIR LAND. WITH GREEN INITIATIVES ALL PROPOSALS CAN BE BUMPED UP BY 37% OVER REGULATED APPROVALS. THE NEW SANITARY SEWER IS NOW IN PLACE WITH ALL FUTURE UTILITIES ARE IN FINAL DESIGN STAGES TO GO INTO THE NEW HWY SEVEN TO BE COMPLETED IN EARLY 2014.
'3,,Of,,/Coe/Ft
lvc ro I tlq t1 Af HsHi nos OhCUISV 3UV S9f{IUV3E
e
r\/-\. \.,,^)
Itrr(Ja t
o {
q(-
L_-.
.J
T -
