1535 Dundas Street East, Whitby (Blue Grass Meadows), Ontario, L1N2K6
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$2,995,000
Whitby
This retail property in Whitby is for sale offering roughly 1,496 sq ft of space. It has been on the market 37 days, fresher than the Whitby average of 48 days.
0.68/acre of commercial redevelopment land located in one Whitby's busiest commercial hubs at Thickson Road and Dundas Street. Surrounded by shopping centres and major commercial developments, this parcel is one of the very last prominent development sites available on Dundas Street (Highway #2). This is a major intensification corridor and presents significant upside for commercial and mixed use development. House on the property is a large brick bungalow and in very good condition. Ideal for holding income or repurposed to commercial uses under H-C3 zoning. Tremendous buy, hold and develop opportunity. (id:66096)
Extended: 37 days on market, against an average age of 48 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 (Blue Grass Meadows) has been listed for 37 days, which is 11 days fresher than the city average of 48. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,995,000, about 29.9× the local median household income of $100,000.
Carrying it typically needs a household income of about $585,028 (20% down, 25-yr amortization, stress-tested) — roughly 485% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1N)
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