1535 Dundas St E
Blue Grass Meadows, Whitby, L1N 2K6
FOR SALE
$3,499,000
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BEDROOMS1
BATHROOMS1
KITCHENS7
ROOMSE8039064
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Property Description
Attention Investors & Developers! Hottest Area East Of The City! Rare opportunity in Whitby's vibrant Dundas East Intensification Area. H-C3 Zoning, Prime 0.68-acre residential land offers potential for an 4-10 storey mid-rise condo project. Existing 3-bedroom bungalow on this property offers rental income while awaiting City approvals. Located in sought-after downtown Whitby, close to schools, shopping, restaurants, transit, and major highways (401, 407, 412). With the entire area being redeveloped, this is a golden opportunity. Act fast parcels like this are scarce, promising both financial gains and a significant impact on Whitby's evolving landscape. Don't miss this opportunity to contribute to Whitby's transformation
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Extras
Redevelopment Options Would Need To Be Considered In Consultation With Town Of Whitby At Buyers Expense. Buyers/Buyers Agent to do their own Due Diligence.
Nearby Intersections
Thickson & Dundas (12)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
153' x 185'
Acreage
.50-1.99
Fronting
North
Taxes
$5,700 (2023)
Basement
Full
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
7
Driveway
Circular
Garage Type
Attached
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Whitby Market Statistics
Whitby Price Trend
1535 Dundas St E is a 3-bedroom 1-bathroom home listed for sale at $3,499,000, which is $2,518,678 (256.9%) higher than the average sold price of $980,322 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 3 bedroom home in Whitby increased by $6,489 (0.7%) compared to the previous 30 day period (February 28 - March 28) and down $15,627 (1.6%) from the same time one year ago.Inventory Change
There were 100 3-bedroom homes listed in Whitby over the last 30 days (March 29 - April 27), which is up 53.8% compared with the previous 30 day period (February 28 - March 28) and up 35.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Whitby typically sold $63,744 (6.5%) above asking price over the last 30 days (March 29 - April 27), which represents a $9,973 increase compared to the previous 30 day period (February 28 - March 28) and $70,874 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Whitby over the last 30 days (March 29 - April 27) stood at 54.0%, down from 73.8% over the previous 30 days (February 28 - March 28) and down from 90.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Whitby stood at 10 days when successfully sold over the last 30 days (March 29 - April 27), compared to 18 days before being removed from the market upon being suspended or terminated.Listing contracted with Mysak Realty Inc.
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