4755 Garrard Road, Whitby, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Taunton North. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,800,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 150 x 400 ft lot size
Description
Prime 1.38 Acre Development Lot In Highly Desirable Northeast Whitby. Discover a rare and versatile investment opportunity in the sought-after Taunton North community. This premium 1.38-acre lot offers the perfect canvas to build a spectacular custom dream home, ideally located just minutes from top-tier shopping, Ontario Tech University, and quick access to Highway 407. Endless Potential: While currently zoned Residential Agricultural, this property is designated General Industrial in the Taunton North Community Secondary Plan. The Town of Whitby has indicated support for a re-zoning to General Industrial, opening the door for premier business uses such as manufacturing, warehousing, processing, assembly, servicing, or goods storage. Whether you are looking to build an executive estate or establish a strategic commercial footprint, this high-exposure location delivers unmatched potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4755 Garrard Road, Whitby, ON L1R 3K7
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About Purchasing a Home in Whitby, ON
For a property listed at $1,800,000 in Whitby, the legal minimum down payment is $360,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $32,475 for this transaction. As this listing is in Whitby (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $32,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.