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Newcastle, Clarington, ON L1B 1C6
$1,499,999
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Opportunity for Spacious Bungalow Home AND Development Upside! Option for vacant occupancy OR owner leaseback. Well maintained property in quiet dead end neighborhood. Potential for 5 vacant lots ON TOP of existing home - THREE premium oversize 9000 SQFT lots & TWO 6000 SQFT lots. Ideal property for BRRR or house-flip investment, or for multi-family living arrangement. Home is well constructed though dated - great to add value in finishing basement, in-law suite, and more. Great choice for a 'buy and hold' strategy. Perfect candidate for 'missing middle' and 'infill intensification' development that is highly sought and supported by Municipalities!