C$1,088,000

**Great Opportunity for Builders, Investors, or First-Time Home Buyers to Create Their Dream Home!** This property offers endless possibilities-renovate, redesign, or build new in prime **Oakwood Village, north of St. Clair**. Surrounded by beautiful, cohesive architecture, this sought-after neighbourhood offers excellent long-term potential.Enjoy a welcoming community just steps to **Wychwood Barns, Farmers' Market, parks, excellent schools, public transit, restaurants, and Corso Italia**, with its vibrant food, culture, and music.**Excellent Development Potential:** A permit has been obtained for a **two-storey, three-bedroom home**, along with approval to **increase the basement height**. Buyers are advised to conduct their own due diligence regarding the existing permits, zoning, renovation/redevelopment potential, and all applicable municipal requirements.The existing home requires substantial renovation and may also be suitable for redevelopment or rebuilding. Property is being sold in its current condition on an **"as-is, where-is" basis**.**Front Pad Parking - Annual Fee: $301.63.** Virtually Designed Image - For Illustration Purposes Only.