Ren/Tex Realty Inc. a dedicated Commercial, Investment/ Land Sales Firm, on behalf of The Fuller Landau Group Inc. in its capacity as a Court Appointed Liquidator of Calldron Gas Bars Ltd, Has been retained to manage the disposition of the said lands. The Subject lands are improved by an existing Gas Bar (SUNCOR) located at the immediate south-west corner of the subject lands currently on a long term lease agreement. The subject lands are further generating Income from two existing Pattison Billboard signs, an existing Professionally Operated Gold Driving Range, Bell Mobility Tower.
The said lands are surrounded mainly to the north, south and West with existing multi zoned residential developments, incl: Commercial. Overall, the subject property’s location and the various designations in the official plans make it a focal point for future development in the City.
The property is located in Secondary Plan Area 52 (Huttonville North) which is located in the Heritage Heights Community, which established the Heritage Heights Secondary Plan. The Heritage Heights Conceptual Land Use Plan”, the proposed designation of the property is low density, medium density, high density. The site is located in the “South Transit Station Area”. According to S. 3.11 of the Secondary Plan, the “South Transit Station Area will include a range of residential uses and built forms, ranging from areas with low-rise to mid-rise buildings, transitioning to mixed-use mid-rise and tall buildings, as appropriate.”. The property is located in the Mississauga Road South Precinct (MS) (52-1) on “Schedule 52-2 Precinct Areas”.
ACREAGE: 97.75 ACRES
ASKING PRICE: $1.00 – (CANADIAN DOLLARS) --- (*BID DATE SET FOR NOVEMBER 8TH, 2023)
LISITNG AGENTS:
Enzo Luongo
Email: eluongo@rentexrealty.com
Mobile: +1 (905) 850-3300
And
Jason Racco
Email: jracco@rentexrealty.com
Mobile: +1 (416) 994 6472
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