1016 WATERDOWN Road
Burlington, Ontario
100,000 sqft • Other
MXG-zoned development site measuring approximately 90' x 150', conveniently located on a bus route with easy access to major highways and within walking distance to Aldershot GO. Amenities are at your fingertips, whether heading up to Waterdown for shopping and services, exploring the Bruce Trail, or enjoying a relaxing outing at the Royal Botanical Gardens (RBG), LaSalle Park, or Hidden Valley Park. Currently the site of the Aldershot Farmers' Market, this property presents an excellent redevelopment opportunity with potential for an 11-storey building as-of-right, with the opportunity to seek additional height. A 29-storey development has received approval directly across the street, further highlighting the area's redevelopment potential. The properties previously contained single-family homes, and municipal services are already available to the site. There is also an opportunity to combine the property with a neighbouring parcel, potentially enlarging the development site to approximately 0.951 acres, with frontage on both Plains Road and Waterdown Road.
Price History
Property
- Lot Size
- 0.31 acres
Schools
Secondary
- Aldershot High School0.4 km
Public · Halton DSB · 720 students
Grade 10 literacy: 95% met the provincial standard
- Burlington Central High School4.6 km
Public · Halton DSB · 865 students
Grade 10 literacy: 91% met the provincial standard
- Thomas Merton Catholic Secondary School4.6 km
Catholic · Halton CDSB · 180 students
Elementary
- Aldershot Elementary School0.4 km
Public · Halton DSB · 220 students
- Glenview Public School0.6 km
Public · Halton DSB · 375 students
Grade 3 reading: 89% met the provincial standard · Grade 6 math: 67% met the provincial standard
- Holy Rosary (Burlington) Catholic Elementary School1 km
Catholic · Halton CDSB · 370 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 66% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L7T
- Population
- 18,555
- Private dwellings
- 8,287
- Median age
- 48.8
- Average household size
- 2.3
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Burlington · last 12 months
- Median sold price
- $942,000
- Homes sold
- 2,400
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 2,400 recorded sales of other properties in Burlington over the last 12 months.
Location
Mortgage Calculator
$590,000
Estimated Monthly Payment
$14,492
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $14,492/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $738/mo
Estimates only. Consult a financial advisor.