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$ 5,499,000
Est. payment | /mo
$ 5,499,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Port Whitby
MLS Listing ID E12550232
Annual Tax Amount $7,074
Tax Year 2025
Property Sub-Type Land
Property Description
THIS SITE IS BEING OFFERED under POWER OF SALE. Exceptional residential development being a total of 55,166 square feet Buildable. The property is Zoning Approved for Residential Mixed-Use redevelopment on Brock St. S and is at 2nd stage submission for the Site Plan Application, less than 6 months to approval allowing purchaser to make changes as needed to the final proposal. This project has advanced architectural and planning design, reflecting the evolving standards and urban design goals of the Town of Whitby. The property's location, exposure, and approvals position it for an efficient transition to construction for an active builder/developer seeking an immediate project. This exceptional property boasts a Total Buildable Space of 55,166 sq. ft., offering immense development potential across two primary areas. The Mixed-Use Area accounts for 41,825 sq. ft., featuring a substantial 40,210 sq. ft. designated for residential development and 1,615 sq. ft. for commercial space. Additionally, there is a separate buildable area designated for Semi-Detached Units totaling 13,341 sq. ft., providing diverse options for investors and developers. . The proposed development features: 29 Condominium Units and 4 Semi-Detached Units. Parking: 52 spaces for the mixed-use building (including 3 accessible, 45 residential, and 7 commercial) and 8 spaces for the semi-detached units (2 per unit). The Port of Whitby area has emerged as a target for residential intensification due to its exceptional location in perspective to the waterfront and downtown Whitby, as well as public transit, major highways and amenities. There are a number of high-rise mixed-use developments that have been proposed, approved and sold within the immediate area. Property being sold "as is, where is."
Location
Province ON
County Durham
Area Durham
Exterior
Utilities Available Yes
Lot Frontage 107.28
Lot Depth 309.0
Others
ParcelsYN No
Listed by RE/MAX REALTRON REALTY INC.

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