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7397 Islington Ave 1.9 Acres of Residential Land Offered at $5,500,000 CAD in Vaughan, ON L4L 1W2

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Investment Highlights

Prominent location on Islington Avenue in the heart of Vaughan.
Convenient access to Highway 407, Highway 7, and major GTA transportation routes.

Excellent street exposure and signage opportunities along a high-traffic corridor.
Strong daytime population and customer base from nearby businesses and neighborhoods.

Executive Summary

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 Facts

Price	$5,500,000 CAD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Apartment Units Single Family Development
No. Lots	1	Total Lot Size	1.90 AC
Property Type	Land
Zoning	RE - Estate Residential Zone

Price	$5,500,000 CAD
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Apartment Units Single Family Development
Total Lot Size	1.90 AC
Zoning	RE - Estate Residential Zone

1 Lot Available

Lot

Price	$5,500,000 CAD	Lot Size	1.90 AC
Price Per AC	$2,894,736.84 CAD

Price	$5,500,000 CAD
Price Per AC	$2,894,736.84 CAD
Lot Size	1.90 AC

Description

Positioned along one of Vaughan’s major commercial corridors, 7397 Islington Avenue offers an excellent opportunity for retail, service commercial, office, or investment users. The property benefits from outstanding visibility and exposure on Islington Avenue, with convenient access to Highway 407, Highway 7, and the surrounding Vaughan business community. Located in a well-established commercial node, the area is supported by strong residential density, numerous amenities, and steady vehicular traffic, making it an attractive destination for businesses seeking a prominent and accessible location.

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Fairly walkable

40/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

50/100

Source: Local Logic^®

(416) 494-0600

Contacts

Emelie Rowe
Evan Stewart
Mike Czestochowski
Lauren White
Nicholas Webster
CBRE

Listing ID: 41376189
Date on Market: 2026-07-21
Last Updated:
Address: 7397 Islington Ave, Vaughan, ON L4L 1W2

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