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Listed 2 months ago

140 Victoria Street

Beaverton, Brock

$550,000

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

Exceptional opportunity for investors, builders, and developers! This rare offering fronts onto 3 streets and is situated entirely outside Conservation Authority regulated areas, providing outstanding flexibility, fewer development constraints, and exceptional long-term potential. The expansive property offers excellent severance potential, with the possibility of creating up to 3 separate building lots. 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.The existing detached home features 4 bedrooms, 1 bathroom, a detached garage, storage shed, and 2 private driveways, offering immediate value as a family home, rental property, or holding investment while future plans are explored. Surrounded by custom-built homes and located just moments from the shores of Lake Simcoe, this property is nestled within a highly desirable and evolving neighbourhood. Enjoy convenient access to schools, shopping, parks, marinas, beaches, and an abundance of recreational amenities. Whether you're looking to redevelop, build, invest, or secure a premium landholding in a growing community, this exceptional property offers a rare combination of location, flexibility, and outstanding future potential.

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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$4,329
Lot Size191.89 ft x 148.31 ft
mls© NumberN13228460
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

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