100 Montecorte Street
Port Whitby / Whitby, ON L1N 0B6
About This Property
AUTO SALES & SERVICE, MAJOR RETAIL, PLACE OF WORSHIP, HEALTH CLUBS, HOTEL and DATA PROCESSING are some of the many permitted uses in the "Business" zoning designation for this exceptional land development opportunity that are proposed within the forthcoming Official Plan Amendment (OPA) #147. This 2.47 acre site is in a prime location. Just south of Highway 401, fronting Victoria Ave., along a busy throughfare, next to a high density intensification PMTSA in the Town of Whitby. Prior to the approval of the OPA, the Town will support a zoning amendment permitting any of the uses proposed the the "Business" designation. The site is currently designated M1A-LS-3, which permits light industrial, and numerous commercial uses including a site specific exception permitting a hotel. The Vendor has completed the plans and architectural drawings for a 6-storey, 128 room hotel. Excess land may provide the opportunity to expand the height or add additional revenue from a drive-thru restaurant pad. The property is within walking distance of the Whitby GO, the Harbour and many retail amenities. The property has two pins (264930150)&(264930147).
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12824008
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$31,359
/month · $5,137,600 mortgage
Amortization
Total Interest
$4,270,242
Total Cost
$9,407,842
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
COLDWELL BANKER THE REAL ESTATE CENTRE







