3131 Old Bronte Rd, Oakville, L6M 4J3

Listing Overview

Description

Strategic Growth Area: Approved OPA 73 on 10/20/2025":On lands designated High Density Residential:a) Located north of William Halton Parkway, east of Bronte Road, or Old Bronte Road: The residential density shall be between 100 & 300 units per site hectare. Minimum height shall be 4 storeys.The maximum building height shall be 8 storeys, except on corner sites it shall be 16 storeys. Multiple-attached dwellings may only be permitted in conjunction with a development that includes an apartment building" . 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 , Medical Village and new Halton Courthouse*** Nature: Glenorchy Forest & numerous sports fields to the east***Zoned for High-Density Residential: Floor Space Index (FSI) of 4.0+ as per OPA73.. Proposed Density: 100-300 units per site hectare under OPA 73, supporting transit-oriented intensification***Prime Location: Just north east of the approved 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 2 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 & west of Bronte Rd***Unmatched Views: Future towers will enjoy panoramic vistas of Lake Ontario, Bronte Provincial Park***This is a rare opportunity in a fast-developing growth area anchored by regional transit infrastructure, civic facilities. Several adjacent 1-acre+ lots might be available.

1 year

On Market

Land

Property Type

$5,892 / Year

Est. Taxes

Designated

Style

Residential

Business Type

-

Franchise