$3,165,000
$3,375,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
SOLD DATE : 05/08/2024
Key Details
Sold Price $3,165,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Erindale
MLS Listing ID W8209626
Style Bungalow
Bedrooms 5
Annual Tax Amount $11,275
Tax Year 2023
Property Sub-Type Detached
Property Description
We are pleased to present an exceptional opportunity to acquire a prime parcel of land, which has received conditional approval for severance into up to three lots, each measuring 65 x 150 feet. This presents a unique chance to construct luxury homes of up to 4,500 square feet per lot, with each potential residence projected to command a market price of $3.5 million. Situated against a picturesque ravine and perched atop a hill, the location guarantees permanently private views, offering an unmatched living experience. Alternatively, this expansive space offers the potential for the creation of one grandiose retreat, seamlessly marrying exclusivity with the stunning natural beauty of its surroundings. This opportunity is unparalleled for those looking to undertake multiple developments, establish a single, magnificent estate, or create a community center. It represents a rare chance to craft something truly exceptional, set against a backdrop of breathtaking landscapes.
Location
Province ON
County Peel
Community Erindale
Area Peel
Rooms
Family Room Yes
Kitchen 1
Interior
Cooling Central Air
Exterior
Parking Features Circular Drive
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Building
Lot Description Irregular Lot
Foundation Concrete
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