1000 Taunton Road
Taunton North / Whitby, ON L1R 3L8
About This Property
RARE DEVELOPMENT / INVESTMENT OPPORTUNITY ON TAUNTON ROAD! Almost 1/2 acre in a high-exposure location, offering an exceptional opportunity for investors, developers, entrepreneurs or buyers looking to secure a property with future potential. The existing 3-bedroom home, dating to the 1950s, has great bones if you're interested in a renovation project or may be ideal for a complete transformation or redevelopment. Features include a finished basement and bright 4-season screened porch overlooking the generous lot & an additional sunroom at the back. The property has been redesignated "Business" under the Township's Official Plan, opening the door to a broader range of permitted commercial uses. Permitted uses include automotive and recreational vehicle sales and service, garden centres, restaurants, building supply centres, furniture and major appliance sales, financial establishments, and home supply/improvement centres, among others. Buyer to conduct their own due diligence regarding permitted uses, zoning, development potential, servicing and approvals. Prime Taunton Road exposure + substantial land + expanded commercial possibilities make this a compelling opportunity for the savvy investor. Whether you envision redevelopment, a commercial use, or a buy-and-hold investment, this property deserves a closer look. Strategically located on Taunton Road East in a rapidly evolving growth corridor. The property is currently zoned agricultural; however, the surrounding Taunton/Garrard area has been identified by the Town of Whitby for mixed-use planning and has seen recent development applications. Close to all 400 series highways, commercial, shops, schools, greenspace, Oshawa Executive Airport and more.....Permitted Uses: Automotive, Vehicle Sales and Service, Restaurant, Furniture, Garden Centre, Financial and MORE.......Bring your Vision!
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E13749556
Listed by ROYAL HERITAGE REALTY LTD.
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
$5,127
/month · $840,000 mortgage
Amortization
Total Interest
$698,187
Total Cost
$1,538,187
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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