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16 Hillcourt Avenue, Pringle Creek

Price

$999,980

BedroomsNot listed

BathroomsNot listed

Size< 700 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$2891.95

Maintenance FeesNot listed

Description

Build Your Dream Home at 16 Hillcourt Avenue, Whitby A rare opportunity to own a fully serviced vacant lot in Whitbys highly sought-after Hillcourt neighborhood is now available. Situated at the end of a peaceful dead-end street, thisready-to-build R2-zoned property offers a serene, nature-filled setting while being just minutes from top-rated schools, local shops, restaurants, and major highways, including the401, 412, and 407.This prime lot is fully equipped with essential utilities, including water, sanitary, and 150mm storm sewer connections, making it truly ready for immediate development. Additionally, minor variances have already been approved by the city, covering minimum lot frontage, maximum building height, and maximum lot coverage. These approvals streamline the building process, eliminating delays and ensuring a smooth transition to construction. A significant advantage of this property is the substantial cost savings, with over $70,000 in development expenses already covered. Key reports and services including the House Siting &Grading Plan, Site Survey, Stormwater Management Brief, Arborist Report & Tree Protection Plan, Noise Impact Study, Environmental Screening & Soil Study, and Cash-in-Lieu of Parkland Fee have all been completed and paid for which takes about 1 -2 years to obtain. With these critical steps taken care of, the lot is genuinely turn key and ready to build. For those who are interested and seeking a seamless building experience, an award-winning builder is available for collaboration, with a building permit application already in place.The proposed architectural design is a stunning modern masterpiece that maximizes space, light,and contemporary aesthetics. Whether youre an investor looking for a high-value opportunity or a home owner ready to create a custom dream home, this property offers an exceptional chance to save 1-2 years of development time while securing a premium location in Whitby.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,834 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$799,984

Total Interest Payments

$493,239

Total Payment (Principal + Interest)

$1,293,223

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together