5840 Garrard Road, Whitby, ON L1M 1W5

$6,650,000

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Property Description

8.97-acre agricultural holding bordering the Highway 407 corridor in Brooklin, offering rare scale and visibility in a high-profile employment corridor. The property is zoned A(Agricultural) and improved with a non-farm residence. From a longer-term planning perspective, this property falls under Whitby's Official Secondary Plan as Prestigious Industrial. Which addresses industrial areas as lands in strategic locations with prime exposure to major highways including Highway 407, and contemplates employment-focused uses such as light industrial within enclosed buildings, professional/corporate/industrial-oriented office, data processing centres, commercial/technical schools, post-secondary educational facilities, and research & development facilities (subject to applicable designations and approvals). Surrounded by larger landholdings, this parcel may be of interest to buyers considering a long-term strategic hold and/or the possibility of a broader land assembly with neighbouring lands (subject to availability). No representation or warranty is made regarding futuredevelopment permissions.

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Listing courtesy of The Nook Realty Inc..