Exceptional Opportunity for Investors, Builders & Developers! This rare property offers outstanding future potential, featuring frontage on 3 streets and situated entirely outside Conservation Authority-regulated areas. The expansive property presents excellent severance and redevelopment potential, with the possibility of creating up to 3 separate building lots, subject to approvals. Adding to its appeal are 2 existing sanitary service connections and 2 separate tax bills representing 2 individual parcels currently held under a single PIN and registration, creating a unique opportunity for future development and maximizing flexibility. The existing detached home offers immediate value while future plans are explored, featuring 4 bedrooms, 1 bathroom, a detached garage, storage shed, and 2 private driveways. The home could serve as a comfortable family residence, rental property, or strategic holding investment. Surrounded by custom-built homes and located just moments from the shores of Lake Simcoe, this property is ideally positioned within a desirable and evolving community. Enjoy convenient access to schools, shopping, parks, marinas, beaches, and an abundance of recreational amenities. Whether you're looking to redevelop, build, sever, invest, or secure a premium landholding in a growing community, this exceptional offering combines location, flexibility, existing infrastructure, and significant future potential. 3-street frontage. Up to 3 potential building lots. 2 sanitary connections. 2 parcels. Outside Conservation Authority regulated areas. A rare development opportunity with exceptional potential.
Address
140 Victoria Street
List Price
$550,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
Brock
Sub-Area
Beaverton
Region
Durham
Lot Size Source
MPAC
Lot Depth
148.31
Lot Shape
Irregular
Lot Type
Lot
Lot Irregularities
148.31x191.89x101.01x169.47 ft
Lot Size Units
Feet
Lot Width
191.89
Parcel Number
720450091
Total Building Area
1394
Occupant Type
Owner
Cross Street
Main St E to Victoria Ave, continue to Victoria St
MLS® Number
N13756344
Listing Brokerage
RE/MAX Jazz INC.
Postal Code
L0K 1A0
Posession Details
Flexible
Tax Amount
$4,327.00
Tax Year
2025
Standard Status
Active
Board Or Association
Central Lakes Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Tax Legal Description
PLAN 340 PT LOT 102 & PLAN 340 W PT LOT 102
Sewer
Sanitary