details. This Northeast Gateway Assembly represents the last undeveloped quadrant at the high-traffic intersection of Leslie Street and 19th Avenue. The site spans approximately 61 contiguous acres of mostly flat, usable land with minimal environmental constraints compared to neighboring corners. Surrounded by established builders including Times Group, Starlane, and Greenpark, the property sits in a proven, low-risk development area and is well positioned for near-term applications. Nearby density precedents of about 20 units per acre support a projected yield exceeding 1,200 residential units across a mix of townhomes and mid-rise buildings. Connectivity is strengthened by the planned Highway 404 interchange at 19th Avenue and the scheduled four-lane widening of 19th Avenue by 2027. The location provides direct regional access and strong frontage on Leslie Street, a major arterial route, with municipal sewer and water services already extended to the intersection. The scale supports flexible planning with options for low-rise detached, medium-density townhomes, and mid-rise formats within a master-planned community. The lands fall under the North Leslie Secondary Plan and align with City Plan 2041 and Provincial Bill 23 growth objectives, with prior OMB/OLT approvals for large community use in the area. Comparable nearby corner assemblies have traded near $100 million despite offering less usable land, underscoring the strategic value of this final remaining corner parcel. (id:62650)