Homula Realty Brokerage
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N/A Hwy 412, Whitby, ON L1P 0G1

Land
$1,600,000

Very rarely offered serviced commercial retail development land in a high density high visibility neighbourhood. This 3 Acre piece of prime commercial retail plaza development land has Highway 412 visibility on busy Des Newman Blvd. This future plaza is directly beside 2 hotels and a very busy medical centre.

MLS number
E13649650
Type
Land
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L1P 0G1
Photos
8
39days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Cisco Drive and Limoges Street PS
Durham DSB
Elementary565 mNot reported
Colonel J E Farewell Public School
Durham DSB
Elementary887 m7.9 / 10
79% met the standard
Donald A Wilson Secondary School
Durham DSB
Secondary1.8 km8.5 / 10
85% met the standard · 2 of 6 measures
All Saints Catholic Secondary School Secondary School
Durham CDSB
Secondary1.9 km7.9 / 10
79% met the standard · 2 of 6 measures
All Saints Elementary Catholic School
Durham CDSB
Elementary2.0 kmNot reported
St John the Evangelist Catholic School
Durham CDSB
Elementary1.6 km6.6 / 10
66% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,057 people.

$150,000Median household income
86.2%Own their home
92.1%Detached houses
34.8Median age
33.6%Born outside Canada
43.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35181105 — the few blocks around this address, home to 1,057 people. It describes the area, not this property.

1,057Population
35.6Average age
3.4Household size
$172,000Average household income
$150,000Median household income
86%Own their home
14%Rent
0%Condominiums
34%Born outside Canada
43%University degree
$1,090,000Average home value
2%Low income
28%Not in the labour force
26%Never married
$50,000 to $59,9991%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9992%
$90,000 to $99,9994%
$100,000 and over44%
$100,000 to $124,9997%
$125,000 to $149,9998%
$150,000 to $199,99913%
$200,000 and over16%

Percentages are of the 555 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$320,000 · minimum here is $320,000
$7,084.45per month
Borrowed before insurance$1,280,000
Total borrowed$1,280,000
Interest over 25 years at 4.5%$845,336

If you rented it out

-$7,084.45per month out of pocket
Rent$0.00
Everything it costs to hold$7,084.45
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Your Home Sold Guaranteed Realty Imperium. Listing data provided by the Toronto Regional Real Estate Board.