3830 Lake Ridge Road, Pickering
$10,900,000
3830 Lake Ridge Road, Pickering
Total Monthly Obligation $45,050
No agent assigned
39.16-acre landholding with dual frontage on Highway 7 and Lake Ridge Road, directly opposite the approved Lakeridge Health Whitby Hospital site. The property is designated Business Areas under the newly adopted Northeast Pickering Secondary Plan. The designation applies to approximately 5% of the Plan's +4,000+acres and is the only land use permitting the full range of hospital-supporting uses: professional and medical office, hotels, convention centres, restaurants, commercial and technical schools, warehousing, and large-format retail. The hospital will anchor sustained public and institutional investment at this intersection, generating long-term demand for the medical office, diagnostic, ambulatory care, hospitality and service commercial uses that cluster around regional health campuses. Combined with the Highway 7 widening, the nearby Seaton community's 70,000 residents and 35,000 jobs, and direct access to Highways 401, 407 and 412, the property offers scale, frontage and policy certainty at Northeast Pickering's institutional gateway. Once these lands are developed, an opportunity to acquire this scale beside the hospital will not recur. Vacant 3,379 sq. ft. 2-storey house built in 1988, with a finished basement. See photos for secondary plan map.
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