An exceptional opportunity awaits custom home builders and visionary investors alike** discover the rare chance to create a bespoke luxury estate or investment property in the highly coveted fairport/spruce hill community a neighborhood where newly built custom residences have commanded prices in excess of four million dollars. This one-of-a-kind property boasts an extra-large irregular lot measuring 128' x 353', perfectly positioned at the end of a private, tree-lined cul-de-sac. Western exposure floods the grounds with natural light, while the homes backdrop of a serene, protected ravine provides an unmatched setting of tranquility and prestige. The property further benefits from approval for an additional laneway dwelling unit at the rear, offering tremendous flexibility for multi-generational living or upscale income potential. A recently completed survey is included, streamlining the path toward redevelopment. For those wishing to hold or generate income in the interim, the existing residence features rental possibilities, including a walk-out basement with a full in-law suite currently used as storage, yet easily converted back to a separate apartment with some finishing touches. This offering includes two parcels of land: parcel 1725 measuring 60' x 197', where the current residence sits, and parcel 1725a measuring 68' x 353', expanding the canvas for your dream build. A truly remarkable opportunity in one of durhams most prestigious and established enclaves.
Listing IDE12426591
Address1725 Spruce Hill Road
CityPickering, Ontario
Price$1,184,900
Bed / Bath3 / 2 Full
StyleBungalow, Detached
ConstructionVinyl Siding
Land Size35884.83
TypeResidential
StatusFor Sale
