7595 Duffs Rd, Whitby, Ontario L1M 1Z8

  • $1,999,900
7595 Duffs Rd, Whitby, Ontario L1M 1Z8
Active
7595 Duffs Rd, Whitby, Ontario L1M 1Z8
  • $1,999,900

Overview

Property ID: E9296904
  • Commercial Sale, Unimproved Land
  • Property Type
  • 1.2
  • Sqft

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.

  • Address 7595 Duffs Rd
  • City Whitby
  • State/county Ontario
  • Zip/Postal Code L1M 1Z8
  • Area Rural Whitby

Details

Updated on September 27, 2024 at 2:34 pm
  • Property ID: E9296904
  • Price: $1,999,900
  • Property Size: 1.2 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Unimproved Land
  • Property Status: Active
  • MLS#: E9296904

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