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.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
353'108 m
Lot Frontage:
127'9½"39 m
Direction Faces:
East
Bedrooms:
2+1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
5
Rooms Below Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
TBD
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$8,129 /
2025
Assessment:
$- /
-
Durham
Pickering
Dunbarton
In-Law Suite, Carpet Free
None
Fridge, Stove, Dishwasher, Washer, Dryer, All Electrical Light Fixtures, All Existing Window Coverings And Garden Shed.
Data was last updated March 30, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,724,500
Min list price:
$740,000
Max list price:
$2,999,000
Avg days on market:
22
Min days on market:
4
Max days on market:
657
These statistics are generated based on the current listing's property type
and located in
Dunbarton. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.