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$ 1,149,900
Est. payment /mo
Active
1725 Spruce Hill RD Pickering, ON L1V 1S3
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Dunbarton
MLS Listing ID E12656762
Style Bungalow
Bedrooms 3
Annual Tax Amount $8,129
Tax Year 2025
Property Sub-Type Detached
Property Description
An Exceptional Opportunity Awaits Custom Home Builders And Visionary Investors Alike To Create A Bespoke Luxury Estate Or High-End Investment Property In The Highly Coveted Fairport/Spruce Hill Community, A Prestigious Neighborhood Where Newly Built Custom Residences Have Achieved Sale Prices In Excess Of 4.7 Million In 2025. This One-Of-A-Kind Property Features An Extra-Large Irregular Lot Measuring 128' X 353', Ideally Positioned At The End Of A Private, Tree-Lined Cul-De-Sac With Desirable Western Exposure And A Serene Backdrop Of Protected Ravine, Offering Exceptional Privacy, Tranquility, And Prestige. A Significant Investor Advantage Is That The Property Has Just Been Leased For One Year At $2,500 Per Month, Providing Immediate And Reliable Rental Income While Buyers Advance Through The Permit And Planning Phase, Effectively Offsetting Holding Costs, And The Seller May Consider An Offer Conditional Upon The Buyer Determining, In Their Sole And Absolute Discretion, That The Property Is Feasible For Their Intended Use. The Property Also Benefits From Approval For An Additional Laneway Dwelling Unit At The Rear, Offering Outstanding Flexibility For Multi-Generational Living Or Enhanced Future Income Potential, And Includes A Recently Completed Survey To Streamline Redevelopment. The Existing Residence Offers Further Upside With A Walk-Out Basement Featuring A Full In-Law Suite, Currently Used As Storage Yet Easily Converted Back To A Separate Apartment With Minimal Finishing. This Rare Offering Includes Two Parcels Of Land, Parcel 1725 Measuring 60' X 197' Where The Current Residence Is Situated, And Parcel 1725A Measuring 68' X 353', Expanding The Canvas For A Truly Remarkable Build In One Of Durham's Most Established And Sought-After Enclaves.
Location
State ON
County Durham
Area Durham
Rooms
Family Room No
Basement Apartment
Kitchen 2
Separate Den/Office 1
Interior
Interior Features In-Law Suite, Carpet Free
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 127.79
Lot Depth 353.0
Total Parking Spaces 4
Building
Foundation Concrete Block
Others
ParcelsYN No
Listed by RE/MAX ROUGE RIVER REALTY LTD.
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