5840 Garrard Road, Whitby (Brooklin), Ontario, L1M1W5
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$5,950,000
Whitby
Position Your Next Investment Along Whitby's Highway 407 Corridor. Approximately 8.98 Gross Acres at 5840 Garrard Road Offer Highway Exposure And A Strategic Foothold In North Whitby' Growing Employment Area. Currently Zoned Agricultural With A Future Prestige Industrial Designation. This Property Presents An Opportunity For Developers, Long- Term Investors And Businesses Planning A Future Location In Durham Region. Access To Highway 407 Via The Nearby Thickson Road Interchange Connects The Property To the Broader GTA. An Existing Residence Adds a Further Consideration For Buyers Evaluating Interim Use While Exploring The Property's Longer-Term Potential. Surrounding Larger Landholdings Offer The Possibility Of A Broader Assembly, Subject To Neighbouring Owners' Participation And Availability. Explore The Potential For Future Enclosed Light Industrial, Research And Development, Corporate Or Industrial Office Uses, Subject to Rezoning, Servicing And All Required Approvals. (id:66096)
Long Listed: 57 days on market, against an average age of 38 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 agriculture in Whitby (Brooklin) 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 $5,950,000, about 38.6× the local median household income of $154,000.
Carrying it typically needs a household income of about $1,162,243 (20% down, 25-yr amortization, stress-tested) — roughly 655% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1M)
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