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For saleMLS® E14095512

3830 Lake Ridge Road, Pickering, ON L1M 1V8

Rural Pickering · L1M 1V8

$10,900,000

$6 / sq ft

2 weeks on market

Interior
1,705,810 sf
Lot
1826.32 × 880.99 ft
Age
31-50 years

What's special

  • Yes

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About this property

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.

Property details

Property

Property type
vacant land
Interior size
1,705,810 sq ft
Year built
31-50
Lot size
1826.32 × 880.99 ft
Zoning
Agricultural and Environmental Protection
Possession
Immediate

Interior

Heating
Propane Gas
Cooling
Yes

Exterior & services

Garage
Other
Sewer
Septic

Costs

List price
$10,900,000
Property taxes
$8,490 / year (2025)
Price per sq ft
$6

Listing

MLS® number
E14095512
Status
For sale
Listed
October 19, 2026
Days on market
16
Last updated
October 21, 2026
Listing brokerage
CBRE LIMITED

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 100% of comparable vacant land listings in Pickering are asking less.

$1Median $950K$5.06M
This home
$6 / sq ft
Comparable median
$29 / sq ft

Based on 20 comparable active vacant land listings in Pickering. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $2,180,000
$2,180,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$48,214.38
Property tax (est.)
$707.50
Estimated monthly
$48,922

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$258,975
Total due on closing
$258,975

An estimate on the asking price of $10,900,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$10,900,000

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