Exceptional commercial/hotel development opportunity at a first-class location. The 2.47 acre site is located just south of Highway 401, fronting Victoria Ave., in the fast growing intensification area of Lynde Shores, in the Town of Whitby. The property is within walking distance of the Whitby GO station and to the beautiful Whitby Harbour. It is also within very close proximity many recreational and entertainment amenities including the Ajax Downs Racetrack and Casino. The property is currently zoned M1A-LS-3 which permits many commercial, retail and office uses including a site specific exception permitting a hotel. A proposed OPA #147 would see the site designated Prestige Employment which would include additional permitted uses such as, information processing, pharmaceutical, light assembly and manufacturing, etc. Vendor has completed the site plan and architectural drawings for a 6-storey, 128 room hotel. There may be an opportunity to expand to an 8-storey building using the excess land for additional parking. The property has two pins (264930150)&(264930147).
Address
100 Montecorte Street
List Price
$6,422,000
MLS® Status
New
Expiration Date
2026-08-31
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
Whitby
Sub-Area
Port Whitby
Region
Durham
Lot Size Source
MPAC
Lot Depth
417.3
Lot Type
Lot
Lot Size Units
Feet
Lot Width
208.73
Parcel Number
264930150
Total Building Area
2.47
Occupant Type
Vacant
Cross Street
Victoria St. West & Montecorte St.
MLS® Number
E12824008
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Postal Code
L1N 0B6
Tax Amount
$12,868.00
Tax Year
2025
Site Influences
Major Highway, Recreation/Community Centre
Community Features
Major Highway, Recreation/Community Centre
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Tax Legal Description
See Realtor Remarks
Sewer
Sanitary+Storm Available