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 Features
- Date Listed: Monday, September 30, 2024
- City: Whitby
- Neighborhood: Rural Whitby
- Major Intersection: Hwy 12/ Just North Of Brooklin
- Full Address: 7595 Duffs Road, Whitby, L1M 1Z8, Ontario, Canada
- Living Room: Hardwood Floor, Cathedral Ceiling, Stone Fireplace
- Kitchen: Tile Floor, Centre Island, W/O To Patio
- Family Room: Hardwood Floor, Brick Fireplace, Picture Window
- Living Room: Hardwood Floor, Above Grade Window
- Listing Brokerage: Century 21 Percy Fulton Ltd. - Disclaimer: The information contained in this listing has not been verified by Century 21 Percy Fulton Ltd. and should be verified by the buyer.
