1020 Dundas Street East, Whitby (Pringle Creek), Ontario, L1N2K2
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$1,899,999
Whitby
This retail property in Whitby is for sale offering roughly 2,270 sq ft of space.
Excellent opportunity to acquire a freestanding commercial investment property in a high-visibility location on Dundas Street East (Highway 2), in the heart of Whitby.Situated on an approximately 55 ft. x 155 ft. lot, the building offers approximately 2,150 sq. ft. of ground-floor space plus an additional 600 sq. ft. second-floor mezzanine. The automotive service area features three service bays with three hoists, office space and ample surface parking.The property benefits from General Commercial / C2-S zoning, historically permitting a variety of commercial uses, including automotive-related uses and used vehicle sales. Its freestanding configuration, excellent street exposure and easy accessibility make it an attractive long-term commercial investment.Conveniently located minutes from Highway 401 and surrounded by established residential, retail and commercial development. A brand-new townhome and condominium community directly adjacent to the property further strengthens the surrounding customer base and enhances the property's long-term investment and redevelopment potential.A rare opportunity to acquire a well-located, income-producing freestanding commercial property in the growing Town of Whitby, complete with an established tenant already in place. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 54 days on market, against an average age of 37 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 retail in Whitby (Pringle Creek) 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 $1,899,999, about 19.0× the local median household income of $100,000.
Carrying it typically needs a household income of about $371,136 (20% down, 25-yr amortization, stress-tested) — roughly 271% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1N)
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