Money Maker - home plus 4 building lots or 8 lots total. Current Brooklin unserviced building lot value approximately $400,000-$1,600,000 in extra value attached.290 home development approved all around this property. The Seller started this project but got a job transfer out of town. His loss is your gain. This is a 1.2 acre piece of land with a totally renovated 2750 sqft plus Ranch Bungalow with finished basement apt. Here is the deal, live here and finish the severance that has been started. Over $200,000 spent to date for the environmental studies, surveys, reports, rezoning, and severance. Price break down: You are buying 8 raw lots for $250,000 per lot. Complete severance of the lots and add all the services, will get you a fully serviced lots with a future value around $600,000 per lot. That's a profit of $200,000 per lot. Times 8 lots. Equals$1,600,000 profit.
Property Type:
Freehold
Freehold Type:
Detached
Home Style:
Bungalow
Approx. Age:
16-30
Total Approx Floor Area:
2500-3000
Lot Size:
.50-1.99
Depth:
270'82.296 m
Frontage:
250'76.2 m
Exposure:
East
Bedrooms:
3+1
Bathrooms:
4.0
Water supply:
Well
Kitchens:
1
Kitchens in Basement:
1
Rooms:
7
Rooms Below Grade:
4
Heating type:
Forced Air
Heating Fuel:
Propane
Basement:
Apartment
Fireplace/Stove:
Yes
Garage:
Attached
Garage Spaces:
3
Parking Spaces:
8
Total Parking Spaces:
11
Driveway:
Private
Family Room:
Y
Possession Details:
FLEXIBLE
Lot Irregularities:
Irregular - 1.2 Acres
Link:
No
Taxes:
$9,585 /
2023
Assessment:
$- /
-
Floor
Type
Size
Other
Ground
Living
16'4½"4.99 m × 14'1"4.30 m
Hardwood Floor, Cathedral Ceiling, Stone Fireplace
Data was last updated October 4, 2024 at 11:55 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$1,459,990
Min list price:
$649,000
Max list price:
$4,895,000
Avg days on market:
17
Min days on market:
1
Max days on market:
137
These statistics are generated based on the current listing's property type
and located in
Rural Whitby. Average values are
derived using median calculations.