7397 Islington Avenue, Vaughan, ON L4L 1W2, Vaughan, ON
1.91 sqft
1.9 acre property located within the community of Woodbridge in the City of Vaughan. The property is located just north of Highway 407 on the east side of Islington Ave within close proximity to Highway 7. As per the official plan, the majority of the site is currently designated Low-Rise Mixed-Use (H4, D1.5), in addition to a small portion of the site being designated as Natural Core Area. Given the current land use designation, the site allows the opportunity for a mix of low and medium density residential and non-residential built forms to be developed including single detached dwellings, townhouse units and midrise buildings up to 4 storeys in height. Purchasers also have the ability to capitalize on the existing development application that proposes a +/-84,000 sq. ft. building with 90 units. The site is also centrally located between five major road/highway networks including Highway 407, Highway 400, Highway 427, Highway 27 and Highway 7, where the VIVANext Bus Rapid Transit (BRT) is located, which allows for frequent, seamless connections throughout Vaughan and the GTA. Offers to be reviewed as received.
Property Highlights
For Sale
MLS NO.
N12787658
Type
Commercial
Sub Type
Land
Square Footage
1.91 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Land
Transaction Type
For Sale
Status
Active Under Contract
Contract Status
Available
MLS® Number
N12787658
Lot Width
132.69
Lot Size
1.9
Lot Size Units
Acres
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
7397 Islington Avenue, Vaughan, ON L4L 1W2
City
Vaughan
Neighbourhood
East Woodbridge
County / Region
York
Province / State
ON
Postal Code
L4L 1W2
Cross Street
Islington Avenue & Hwy 407
Country
CA
List Price
$5,500,000
Annual Taxes
$26,934
Tax Year
2025
Legal Description
PT LT 14 Registrar's Compiled Plan 9831 Part 1, 65r36845 City of Vaughan
Possession Type
Immediate
Possession Details
Immediate
Listing Office
CBRE LIMITED
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-13T18:48:55Z
Media Updated
2026-02-13T18:48:55Z
Photos Updated
2026-02-13T18:48:55Z
Last Modified
2026-04-29T12:50:18Z
System Modified
2026-04-29T12:50:18.382063Z
MLS Status
Sold Conditional
Co List Office Name
CBRE LIMITED
Ddfyn
Yes
Expiration Date
2026-08-10
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
032231421
Public Remarks
1.9 acre property located within the community of Woodbridge in the City of Vaughan. The property is located just north of Highway 407 on the east side of Islington Ave within close proximity to Highway 7. As per the official plan, the majority of the site is currently designated Low-Rise Mixed-Use (H4, D1.5), in addition to a small portion of the site being designated as Natural Core Area. Given the current land use designation, the site allows the opportunity for a mix of low and medium density residential and non-residential built forms to be developed including single detached dwellings, townhouse units and midrise buildings up to 4 storeys in height. Purchasers also have the ability to capitalize on the existing development application that proposes a +/-84,000 sq. ft. building with 90 units. The site is also centrally located between five major road/highway networks including Highway 407, Highway 400, Highway 427, Highway 27 and Highway 7, where the VIVANext Bus Rapid Transit (BRT) is located, which allows for frequent, seamless connections throughout Vaughan and the GTA. Offers to be reviewed as received.