Wallace *** Additional Listing Details - Click Brochure Link *** Park-Side Bungalow with Rare 190ft Lot & Development Potential! Whether you are looking for a "forever home" with a mortgage-helper or a private sanctuary for multi-generational living, this property offers rare "triple-unit" potential under Ontario's Bill 23 legislation. The survey confirms a 2.24m to 2.25m side-yard clearance on the park-facing side of the house. This wide, unobstructed path is ideal for creating a private entrance or providing easy machinery access for a detached Garden Suite/Granny Flat. At 190.3 feet deep, the backyard currently features mature trees and plenty of shade, with more than enough room to accommodate a detached cottage while still maintaining a massive private yard. Bordering the park on your side boundary offers increased privacy, open views, and the benefit of having only one immediate residential neighbour. This bright, raised 1295 square foot bungalow with everything available on the main floor also features a spacious, high-ceiling unfinished basement with a 3-piece rough-in, perfectly suited for a legal second suite or a premium guest wing. New Additional Residential Units (ARUs) are currently exempt from municipal development charges, making this a high-value opportunity for a long-term housing solution. Prime location with easy access to local amenities and schools. The asking price reflects premium lot depth, park-side location and verified development access. (id:27476)
