$12,500,000Asking Price
Unlock the potential of this exceptional mixed-use development site in a rapidly growing area of Whitby. Site Plan Approval (SPA) in place for two mid-rise condominium buildings 5 story's each with a total of 160 residential units plus commercial space, 219 parking stalls, and lockers. Mixed-Use Zoning permits potential future development up to 18 story's, offering outstanding long-term flexibility. Current approved buildable area: 155,818 sq. ft. Ideal design mix of residential and commercial Strong surrounding growth and future intensification. This rare offering is primed for developers and investors looking to capitalize on Whitby's continued expansion and growing demand for urban living. Legal Description:1stly: PT LT 24 CON 3 Township of Whitby as in CO161133; T/W CO1611332ndly: PT LT 24 CON 3 Township of Whitby PART 1, 40R102963rdly: PT LT 24 CON 3 Township of Whitby as in CO64225, CO71401 & D259988; S/T Interest in CO642254thly: PT LT 24 CON 3 Township of Whitby PART 1, 40R89655thly: PT LT 24 CON 3 Township of Whitby as in D490655 Town of Whitb
Unlock the potential of this exceptional mixed-use development site in a rapidly growing area of Whitby. Site Plan Approval (SPA) in place for two mid-rise condominium buildings 5 story's each with a total of 160 residential units plus commercial space, 219 parking stalls, and lockers. Mixed-Use Zoning permits potential future development up to 18 story's, offering outstanding long-term flexibility. Current approved buildable area: 155,818 sq. ft. Ideal design mix of residential and commercial Strong surrounding growth and future intensification. This rare offering is primed for developers and investors looking to capitalize on Whitby's continued expansion and growing demand for urban living. Legal Description:1stly: PT LT 24 CON 3 Township of Whitby as in CO161133; T/W CO1611332ndly: PT LT 24 CON 3 Township of Whitby PART 1, 40R102963rdly: PT LT 24 CON 3 Township of Whitby as in CO64225, CO71401 & D259988; S/T Interest in CO642254thly: PT LT 24 CON 3 Township of Whitby PART 1, 40R89655thly: PT LT 24 CON 3 Township of Whitby as in D490655 Town of Whitb
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Pringle Creek, Whitby is an east GTA neighbourhood notable for its singles, university grads and business and education, law & public sector professionals. It has a higher than average population of immigrants. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 34, 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 69.
Kids Per Family
1.4
kids per family
in the neighbourhood.
43%
of residents are
single and loving it.
43% singles
Whitby (41%)
11%
of residents
are renters.
11% renters
Whitby (17%)
36%
of residents are
university grads.
36% university grads
Whitby (34%)Average Household Income
$145K
is the average household
income in the neighbourhood.
Professions
Sales | 15% |
Business | 12% |
Government | 10% |
Management | 9% |
Trades | 8% |
25%
of residents were
born outside of Canada.
25% immigrants
Whitby (24%)4.3% from Caribbean
All-time
0.8% from India
Recent
Foreign Languages
Urdu | 2% |
French | 2% |
Spanish | 1% |
Mandarin | 1% |
Italian | 1% |
Religions
Christian | 69% |
Muslim | 4% |
Hindu | 3% |
Sikh | 1% |
Jewish | 1% |