100 Montecorte Street, Whitby (Port Whitby), Ontario, L1N0B6
$5,299,000
Whitby
A Strategically located Commercial Development Opportunity with a highly sought after Land Use Designation. This 2.47 acre site has been designated as "Business", which permits a wide variety of Employment/Service Commercial & Light Industrial uses including Medical Offices, Retail Plaza, Self-Storage & Auto Sales, in the soon to be Provincially Approved Official Plan Amendment (OPA) #146. The sites prime location is just south of Highway 401, within close proximity to the Brock Street Interchange. It boasts high visibility and frontage along Victoria Ave., and is abutting a high density intensification Major Transit Station Area (MTSA). Within walking distance to the Whitby GO, the Whitby Harbour and many Retail Amenities. The property has two pins (264930150)&(264930147). A previous Phase I ESA was completed with no further investigation required. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 54 days on market, against an average age of 30 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 25 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Whitby (Port Whitby) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $5,299,000, about 53.0× the local median household income of $100,000.
Carrying it typically needs a household income of about $1,035,080 (20% down, 25-yr amortization, stress-tested) — roughly 935% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1N)
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