1300 BAYLY STREET

Incredible Investment & Future Development Opportunity in Prime Pickering LocationThis 1.36-acre income-producing site features a fully operating gas station, car wash, and Starbucks tenant. Ideally situated directly beside the Pickering GO Station, with immediate access to Hwy 401 and surrounded by major high-density developments.The property is zoned and located within the Citys Urban Growth Centre / Intensification Zone and currently has applications filed for 430,000 sq. ft. of gross floor area (GFA). This positions the site as a rare transit-oriented development opportunity with exceptional long-term upside.In the interim, there is strong holding income in place, supported by a solid tenant mix. The combination of high visibility, prime location, stable income, and clear path for intensification makes this a true trophy asset for investors and developers alike. (id:62692)