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Station No 3 Retail

Station No 3 Retail is a New Condo development by Brookfield Residential located at Brock St S & Dundas St E, Whitby.

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  • Preconstruction

  • Commercial

  • TBA Sqft

  • 6 Storeys
  • 160 Suites

  • occup 2024
Last Update : 7 January 2025

Station No 3 Retail Overview 

Station No 3 Retail is a six-storey, mixed-use building featuring 160 residential units and 8,907 square feet of divisible retail space for sale or lease. Strategically located just south of the intersection of Brock and Dundas Street, known as the “Four Corners,” this development positions itself as one of the top commercial nodes in Whitby. The Town of Whitby’s Official Plan designates the Four Corners as a Major Central Area, emphasizing the intensification of commercial development. The retail space is expected to be completed and available for turnover by Q3 2024.

Station No. 3 Retail

Ownership Benefits

  1. Build Equity

    – Paying down the principal builds equity in the condo unit, offering a financial benefit not found in leasing arrangements.

  2. Security of Location
    – Ownership provides long-term stability and security; owners don’t face the risk of being asked to vacate.
  3. Predictable Costs
    – Locking in long-term mortgage rates ensures financial certainty and eliminates unpredictable market rent increases.
  4. Tax Benefits
    – Potential write-offs for owned units, including depreciation, operating expenses, and mortgage interest.
  5. Capital Benefits
    – Capital investments in the condo unit increase property value, while improvements to leased premises only benefit the landlord.
  6. Borrowing Power
    – Growing equity provides access to working capital, supporting business growth.
  7. Long-Term Benefits
    – Long-term advantages may include personal use of the unit, generating rental income, or the future sale of an appreciated asset.
  8. Flexible Exit Strategy
    – Owned units offer multiple exit strategies, such as renting to a third party or selling the unit.

Station No 3 Retail presents a unique opportunity for businesses to own retail space in a high-traffic area, providing not only a place for operations but also potential long-term financial benefits.

Development Details

Number of Storeys
6
Total Number of Suites
160
Est. Building Size
TBA
Architects
RAW Design
Architects
U31
Est. Occupancy
2024
Building Type
Commercial
Developer
Brookfield Residential

Browse more Station No 3 Retail Floor Plans

Status
Suite Name Suite Type Size View Price
Available
Station-No.-3-Retail-Floorplan
Station No. 3 Retail Floorplan - - - - More Info

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300 Richmond St W #300, Toronto, ON M5V 1X2

   

inquiries@Condoy.com

  

(416) 599-9599

We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.


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