I have enough for a downpayment on a house now, and was planning with a few other people to buy this other piece of land as a investment oppurtunity. basically this other investment parcel is up for sale for a fair price, but they are building a highway right beside it. which means once construction is complete that land is going to be worth alot more. But my dream home, a home i have had an eye on for years just came up for sale down my street. I havent found out the price yet, waiting for the lisitng agent to call back. decisions! decisions!

Do you have a picture? Is it listed online? I want to see it.

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i guess only in canada does building a highway right next to your house raises its value

they are building a highway next to the land?
what size is this land?
is it commercial property?

if it is residential property and the highway is close I doubt it will increase its value

but I do not know all the information

in a way next to a highway is a good thing. That appeals to people who have to take the highway to get to work. Easier access and fewer traffic lights to sit through.

quote:

Originally posted by igottaknow i guess only in canada does building a highway right next to your house raises its value

its up north my man, and its vacant land. and the highway theyre building is the only highway that connects toronto residents to their million dollar lakeside recreational homes 2 hours a way. the land is vacant, however i could think of about a million practical uses for it from billboards (which has huge profit margins) to service stations to mini molls.

yeah, if you're just gonna re-sell it, and the zoning doesn't stop you from having a business there, that's huge

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> S u s h i p u n k . P h o t o g r a p h y <

quote:

Originally posted by Vivid Boy its up north my man, and its vacant land. and the highway theyre building is the only highway that connects toronto residents to their million dollar lakeside recreational homes 2 hours a way. the land is vacant, however i could think of about a million practical uses for it from billboards (which has huge profit margins) to service stations to mini molls.

but like i said my dream home just went up for sale. and it was foreclosed.. i could think of a million things to do with that as well. i just found out from the listing broker the house has tons of mildew damage and leak problems and has been said to be inhabitable by the city. Your not even allowed to walk into the house and be shown it because its so bad. its listed quite expensive tho because it backs on to a huge ravine. priced wayyy to highm but they wont get one offer. which means i can low ball, tear down and get my uncle to rebuild for under 150 000. the lot its on is incredible

pictorz eric pictorz

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you cant tell much from these pictures. honestly it doesnt show the lot. im more intrested in the lot then i am the home because it is inhabitable anyways and id probably have to tear it down. but it has 3 levels of balconies and looks sick cause the balconies go out and over this huge ravine.




















No Extras.Mould Present,Protective Equipment Recommended Prior To Entering.Property Sold As Is Condition.Buyer To Confirm Property Measurements,Taxes.For Offers Us All Schedules Provided And Offer Deletions."I.L.A. Will Be Required."
Property May Not Be Safe Or Fit For Human Habitation.Water Leakage Present.Active Permit Applications Outstanding On Property.Spectacular Ravine Lot.House Requires Major Repair And Renovation.

and just in case people are getting confused. I am talking about 2 separate pices of property in this thread. theres one that is up north that i would like to buy as an investment opportunity and then there is one (which i showed pictures for) that is right beside my house. Both could be quite big investment with a nice ROI. it hall be numbr quenching time in a few days

quote:

Originally posted by Vivid Boy its up north my man, and its vacant land. and the highway theyre building is the only highway that connects toronto residents to their million dollar lakeside recreational homes 2 hours a way. the land is vacant, however i could think of about a million practical uses for it from billboards (which has huge profit margins) to service stations to mini molls.

cool, i bet you sell some shares in the cor.