Receivership sale - incredible opportunity to own 0.97 acres of approved residential development land in Vaughan, fronting on Islington Avenue. The approved development is for a 5-storey residential apartment building with a GFA of 73,319 SF. Zoning by-law amendments and site plan has been approved (subject to conditions). The project launched its 89 units in March 2023 and according to Urbanation, sold at an average price of $1,358 PSF. The property is situated in a residential node of Vaughan, steps to amenities like the Islington Village Centre and Food Basics.
9630 Islington Avenue
Sonoma Heights, Vaughan, York $1Make an offer
Zoning: RM2 - Residential Multiple Zone
- MLS®#:
- N12686200
- Property Type:
- Land
- Property Style:
- Area:
- York
- Community:
- Sonoma Heights
- Taxes:
- $11,026.94 / 2025
- Added:
- January 12 2026
- Lot Frontage:
- 298.53
- Lot Depth:
- 172.34
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- COLLIERS
- Lot :
-
172
298
BIG LOT
- Intersection:
- Islington Ave/Napa Valley Ave
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Heating Type:
- Heating Fuel:
Listing Details
Insights
- Approved Development Plans: The property comes with approved plans for a 5-storey residential apartment building, allowing for immediate development and reducing time and costs associated with obtaining permits.
- Strong Market Demand: The project launched 89 units in March 2023, selling at an average price of $1,358 PSF, indicating a robust demand for residential units in the area.
- Prime Location: Situated in the desirable Sonoma Heights community, the property is conveniently located near amenities such as Islington Village Centre and Food Basics, enhancing its appeal to potential residents.
Neighborhood Overview
Complete neighborhood profile for 9630 Islington Avenue
Sonoma Heights home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Sonoma Heights
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
