On the market for 240 days — longer than average. The seller may be open to negotiation.
THIS SITE IS BEING OFFERED UNDER POWER OF SALE. VTB Financing Available - Seller may offer flexible vendor take-back financing for qualified buyers. Prime residential development opportunity - 55,166 sq. ft. total buildable area. Zoning Approved for Residential Mixed-Use on Brock St. S, currently at 2nd stage Site Plan submission with final approval possible in under 6 months. Pre-approval status allows purchaser to modify or enhance the plan, including potential for higher density consistent with Town of Whitby's Official Plan intensification policies and targets for Brock Street and Port Whitby areas. Versatile site ideal for condominium or purpose-built rental/apartment building. Strong ongoing demand for quality rental housing in Durham Region/GTA supports attractive long-term hold returns. Exceptional location in Port Whitby intensification zone - close to waterfront, downtown, GO Transit, highways (401/407/412), and amenities. Multiple high-rise/mixed-use projects approved and delivered nearby. Ideal for active builder/developer seeking near-shovel-ready project. Photos showing potential cost savings for outside parking as opposed to underground parking.
*Estimates based on comparable rentals in the area. Actual income may vary.
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