Fantastic opportunity for investors and builders! This prime property offers approximately 0.27 acres (11,761 sq. ft. of land per MPAC) with an impressive 131 feet of frontage on Islington Avenue in Vaughan's highly sought-after area. Currently tenanted, generating $4000 per month, this versatile property is ideal for townhouses, low-rise condos, or a bespoke new home. Its strategic location along a major road presents excellent redevelopment potential. Buyer to verify and satisfy itself as to development possibility.