$1,800,000
$1,999,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
7595 Duffs RD Whitby, ON L1M 1Z8
4 Beds
4 Baths
0.5 Acres Lot
Key Details
Sold Price $1,800,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2500-3000
MLS Listing ID E9373723
Sold Date 10/17/24
Style Bungalow
Bedrooms 4
Annual Tax Amount $9,585
Tax Year 2023
Lot Size 0.500 Acres
Property Description
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.
Location
Province ON
County Durham
Rooms
Family Room Yes
Basement Apartment
Main Level Bedrooms 2
Kitchen 2
Separate Den/Office 1
Interior
Interior Features None
Cooling Central Air
Exterior
Garage Private
Garage Spaces 11.0
Pool None
Roof Type Not Applicable
Parking Type Attached
Total Parking Spaces 11
Building
Lot Description Irregular Lot
Foundation Not Applicable
Others
Senior Community Yes
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