This is a spectacular property located in one of the most prestigious suburbs of Toronto, King city. The property includes a luxury mansion with the total living space over 8,000 sq.feet on two levels, and a large piece of land 16.65 acres. Currently the land is used for an apple orchard with 4500 apple trees planted. Due to the beautiful hilly landscape, this property offers outstanding Tuscany-like views.
The property offers a unique investment opportunity to a potential buyer due to its massive piece of agricultural land, closeness to Toronto and a beautiful landscape. There are many possible scenarios of how it can be improved and provide the buyer with a substantial gain.
Potential improvements and business uses:
- Build a second floor and convert the existing two-level bungalow into a 3-storey house
- Convert the house into a boutique Bed&Breakfast
- Add a Café-restaurant and a bakery
- Start producing cider and other apple-based products
- Transform the farming business into another type, such as a highly-popular lavender farm, for example.
Why purchasing this property would be beneficial for international buyers:
- Proximity to a world-class city (Toronto) with an easy access to international airport
- Surrounded by top-notch schools, luxury mansions, golf courses and horse farms
- Located in the environmentally protected area with lots of parks and green spaces
- Solid investment in the country with stable economy and high financial security
- Canada offers highest quality education in universities and colleges for international students
- Availability of programs for obtaining residency through investment. Particularly, purchasing this property provides a possibility of obtaining a permanent residency in Canada through investment in business in Ontario.
Asking price: $5.5 mln USD / £4250000 British Pound
Property details are here: www.megapoliz.com/kingorchard
Property details are here: www dot megapoliz dot com /kingorchard