100 Montecorte Street
100 Montecorte Street
$6,422,000
147 days on market
About This Listing
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).
| Monthly Mortgage (P&I) | $27,980 |
| Property Tax (MLS) | $1,072 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $29,052 |
Down payment: $1,284,400 (20.0%) · Mortgage: $5,137,600
Property tax uses MLS annual tax of $12,868/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by COLDWELL BANKER THE REAL ESTATE CENTRE
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Data last updated: August 23, 2026 at 04:25 a.m.