$12,500,000

For sale

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7602 Ashburn Road, Whitby (Brooklin) - Vacant Land for Sale

7602 Ashburn Road, Whitby (Brooklin), Ontario, L1M1L5

10 ft²10 acres lotListed 184 days ago

Overview

This lot in Whitby is for sale offering roughly 10 sq ft of space.

$12,500,000· $1,250,000/ft²

For sale

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7602 Ashburn Road, Whitby (Brooklin), Ontario, L1M1L5

Lot 451 × 1303 ft (13.49 acres)

Listed by Re/Max Hallmark First Group Realty Ltd.

91 Columbus Road, Whitby (Brooklin), Ontario, L1M1Z4

For sale

230 days ago

91 Columbus Road, Whitby (Brooklin), Ontario, L1M1Z4

Lot 8.30 acres2 ba8 ft²

Listed by Royal LePage Frank Real Estate

$12,500,000

Whitby

Book a showing

Description

A 10.05-acre parcel designated for future residential development, situated within the urban boundary of the Brooklin Urban Expansion Area, making it well-positioned for future growth. The property is supported by several active developers operating within 400 metres, enhancing its development potential. It also offers convenient access to Highway 7 and the Highway 407/412 interchange. The site currently includes a residential home and a barn. (id:66096)

Market Timing

Days on market

184d

Whitby (Brooklin) listings, avg age

38d

Price / ft²

$1,250,000

List price

$12.50M

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.

Area context

Neighbourhood profile (L1M)

This home lists at $12,500,000, about 81.2× the local median household income of $154,000.

Carrying it typically needs a household income of about $2,441,688 (20% down, 25-yr amortization, stress-tested) — roughly 1486% above the area median.

Median household income: $154,000
Population: 22,542
Median age: 38
Owner / renter: 94% / 6%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L1M)

7602 Ashburn Road, Whitby (Brooklin) - Vacant Land for Sale

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Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (L1M)