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Listed 11 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! Rarely does an opportunity like this come available, offering frontage on 3 streets, 2 parcels, 2 sanitary service connections and the potential for up to 3 separate building lots, subject to approvals. Situated entirely outside Conservation Authority regulated areas, this expansive property offers exceptional flexibility and future development potential. Adding to its appeal are 2 separate tax bills representing 2 individual parcels currently held under a single PIN and registration, creating a unique ownership structure and added flexibility for future plans. The existing detached home provides immediate value while development options 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 close to schools, shopping, parks, marinas, beaches and an abundance of recreational amenities. Whether you're looking to build, sever, redevelop, invest or secure a premium landholding with future potential, this rare offering combines an exceptional location with existing infrastructure and multiple development possibilities. 3 Street Frontages | Up to 3 Potential Building Lots | 2 Parcels | 2 Sanitary Connections | 2 Tax Bills | Outside Conservation Authority Regulated Areas | Existing 4 Bedroom Home | Detached Garage | Exceptional Development Potential

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,326
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.

Schools

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

Values and trends

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