Price
$1
Bedrooms4 Beds
Bathrooms1 Baths
Size3500-5000 sqft
Year Built31-50
Property TypeHouse
Property Taxes$6847.5
Maintenance FeesNot listed
Outstanding opportunity for developers, builders, and investors! Approximately 10 acres of prime development land, recently approved under the Town of Pickering's North East Secondary Plan. The property is strategically located at the corner of Highway 7 and Westney, 519 feet along Highway 7 and 677 feet along Westney Road. This is a high-growth area, this property offers immense potential for residential development. The property features a spacious, well-maintained existing 4-bedroom, 4-bathroom 4-level split home provides rental income potential during the planning stages. Close proximity to future community amenities, major highways, and infrastructure projects. A rare chance to secure a significant footprint in a highly desirable and expanding market.
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Contact MeTotal Monthly Payment
$571 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1
Total Interest Payments
$1
Total Payment (Principal + Interest)
$2
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Sales Representative
Rural Pickering, Pickering L1X 0G2
Rural Pickering, Pickering L1X 0M8
Rural Pickering, Pickering L1X 0J3
Rural Pickering, Pickering L1X 0N5
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.
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