Development Potential in Toronto
$3,890,000
Highlights
Units
Stories
1
Lot Size
29,686.84 ft²
Cap Rate
Attention Investors & Developers! Hottest Area East Of The City! Rare opportunity in Whitby’s vibrant Dundas East Intensification Area. M2 Zoning, Prime 0.68-acre residential land offers potential for an 8-storey mid-rise condo project. Existing 3-bedroom bungalow on this property offers rental income while awaiting City approvals. Located in sought-after downtown Whitby, close to schools, shopping, restaurants, transit, and major highways (401, 407, 412). With the entire area being redeveloped, this is a golden opportunity. Act fast – parcels like this are scarce, promising both financial gains and a significant impact on Whitby’s evolving landscape. Don’t miss this opportunity to contribute to Whitby’s transformation!
Redevelopment Options Would Need To Be Considered In Consultation With Town Of Whitby At Buyers Expense. Buyers/Buyers Agent to do their own Due Diligence.
For More Information and Financial Package Please Call or Email Us Today
All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased.