$5,299,000
For sale: Vacant Land

A Strategically located Commercial Development Opportunity with a highly sought after Land Use Designation. This 2.47 acre site has been designated as "Business", which permits a wide variety of Employment/Service Commercial & Light Industrial uses including Medical Offices, Retail Plaza, Self-Storage & Auto Sales, in the soon to be Provincially Approved Official Plan Amendment (OPA) #146. The sites prime location is just south of Highway 401, within close proximity to the Brock Street Interchange. It boasts high visibility and frontage along Victoria Ave., and is abutting a high density intensification Major Transit Station Area (MTSA). Within walking distance to the Whitby GO, the Whitby Harbour and many Retail Amenities. The property has two pins (264930150)&(264930147). A previous Phase I ESA was completed with no further investigation required.
Sold data
Homes in Port Whitby took a median of 18 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 40, across 126 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $788,000.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
Based on 126 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Whitby (Port Whitby) has 38 Fraser Institute–rated schools (30 elementary and 8 secondary), averaging 7.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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