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New2 days ago

140 Victoria Street

Beaverton, Brock

$550,000

Detached|1 1/2 Storey
4 | 1 | 8
About this home

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.

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Contact nest zoom realty.

nest zoom realty
(416) 276-9973
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,327
Lot Size191.89 ft x 148.31 ft
mls© NumberN13753728
Listed ByRE/MAX Jazz INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,815
Property tax
$361
Heat allowance
$150
Housing costs
$3,326 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $110,000
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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