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$ 499,000
Est. payment | /mo
$ 499,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40753275
Annual Tax Amount $15,107
Property Sub-Type Commercial
Source Cornerstone
Property Description
Located in the heart of downtown Acton in Halton Hills, 186 Mill Street East presents a prime redevelopment opportunity within the Acton Downtown Redevelopment Sub-Area and the Acton Major Transit Station Area (MTSA). This high-visibility corner lot is steps from the Acton GO Station and surrounded by essential amenities, including schools, parks, and grocery stores. With LC (Local Commercial) zoning and an Official Plan designation that supports mixed-use intensification, the property is ideally suited for a mid-rise development of 3 to 4 storeys, featuring ground-floor commercial or institutional space with multiple residential units above. The 0.435-acre site offers 146.69 feet of frontage on Mill Street and 114.51 feet on Young Street and is currently unimproved vacant land. The location benefits from strong demographics, with over 39,000 residents and an average household income of $144,169 within a 10 km radius, and sees more than 31,000 vehicles per day. This site is well-positioned to contribute meaningfully to downtown Acton's growth and revitalization, aligning with municipal planning priorities for transit-supportive, high-density development.
Location
State ON
County Halton
Area 3 - Halton Hills
Zoning LC (Local Commercial)
Direction Located on HWY 7 across from Wallace St.
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro, Municipal to Lot Line
Lot Frontage 146.69
Garage No
Building
Lot Description Urban, Corner Lot, High Traffic Area, Public Transit, Visual Exposure
Faces Located on HWY 7 across from Wallace St.
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community false
Tax ID 249990003
Ownership Freehold/None
Listed by CUSHMAN & WAKEFIELD WATERLOO REGION LTD.
Nearby Locations