L3L Commercial Land Properties for Sale

Commercial Real Estate in L3L available for sale

Commercial Land Properties for Sale Within 10 kilometers of L3L

South Summit Farm Road

Land for Sale
$13,484,588 CAD
15.42 AC
2 Land Properties

Portfolio of properties for Sale - Outlying York

Ideally located for new residential development or compatible uses and within a designated "settlement area," this land invites redevelopment. The local government has stated intentions to increase the percentage of high-density residential homes due to the community's access to mass transit (via the local GO station). In addition, this land is exceptionally situated near a major highway offering access to Toronto and Pearson International Airport. King City has been cited as having some of the most valuable real estate in Canada. This property showcases the unique balance of rural charm and access to urban amenities that give it its exceptional value. King's municipal government has determined that no additional residential development land will be added to King City's existing supply as designated in its Official Plan until at least 2051. Whether to buy and hold, utilize the existing Estate Residential designation to construct a luxury home in keeping with the existing character of King yet near amenities, or commence the redevelopment process, this land represents a disappearing opportunity within the GTA.

Contact:

Re/Max Hallmark York Group Realty

Date on Market:

2025-09-23

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12423 Coleraine Dr

Caledon, ON L7E 3B4

Land for Sale
6.70 AC Lot

Caledon Land for Sale

Avison Young has been retained on an exclusive basis by KPMG Inc. in its capacity as receiver of Polestar Holdings Ltd. and not in its personal or corporate capacity, to offer for sale 12423 Coleraine Drive, Caledon, Ontario (the “Property”). The Property presents a rare opportunity to acquire an almost 7-acre site in the heart of Bolton that can be used for a wide variety of uses. The site features a residential home, and a small industrial building. The Property is gated and fenced along the perimeter, which fronts on three major roadways: Coleraine Drive, George Bolton Parkway, and Simpson Road. The surrounding area has undergone significant recent development – primarily for the construction of “big box” industrial buildings which are now occupied by prominent corporate neighbours such as Amazon, Canadian Tire, DB Schenker, the Beer Store, and many others. The location further benefits from its proximity to highways 50 and 427, the CPKC Intermodal, and many nearby amenities. The Property’s size and location will appeal to occupiers and developers alike, as there is the opportunity for a business to make use of the existing improvements, or for an investor to further develop the property for a greater potential return.