400 SQM House & Lot in Project 8, Quezon City — ₱32M

Description

An established QC property with a substantial lot and more than one possible future. There are properties where the house is the main attraction. This isn't necessarily one of them. Located in Bahay Toro, Project 8, Quezon City, this 400 sqm house-and-lot offers something increasingly difficult to find in established parts of QC: substantial residential land with an existing home already in place. At ₱32,000,000, the property can make sense for two very different buyers. For a family, it's an existing home in an established residential neighborhood, with enough land to provide space, privacy, parking and a garden rather than the compressed footprint typical of newer urban properties. For a buyer looking beyond immediate occupancy, the 400 sqm landholding creates future redevelopment possibilities, subject to zoning, access, setbacks, parking requirements, permits and a proper site-feasibility assessment. The important distinction is this: The redevelopment potential is an option—not a promise of a particular number of units or return. That makes this property worth looking at from both an end-user and land-acquisition perspective. The Property Lot Area: 400 sqm Bedrooms: 4 Bathrooms: 3 Parking: 4-car garage Property Type: House & Lot Location: Bahay Toro, Project 8, Quezon City Asking Price: ₱32,000,000 Indicative land cost: ₱80,000/sqm The existing residence provides an immediate use case for a family buyer, while the lot itself gives the property a second layer of value for someone considering renovation or eventual redevelopment. The house should therefore be evaluated on its current condition and renovation requirements, rather than marketed as a newly renovated or turnkey luxury residence. Why Project 8 / Bahay Toro Matters Bahay Toro sits within an established northern Quezon City residential corridor, with access to major roads and commercial centers around Congressional Avenue, Mindanao Avenue, North EDSA and the wider Project 8 area. The surrounding area isn't a newly created luxury enclave. That's actually part of its appeal. This is an established urban community with existing households, schools, commercial activity and access to the broader QC employment and retail network. For a land buyer, that means you're not buying into an isolated future development and waiting for an area to become established. The surrounding city is already there. Current resale listings in Bahay Toro also show substantial house-and-lot and land inventory at varying price points, with observed asking prices for properties around the 400–500 sqm range generally falling within a broad range depending on location, improvements and property condition. These are asking prices, not confirmed closed transactions, so they should be treated as market reference rather than proof of valuation. Two Ways to Look at the Property 1. Buy the house. Keep the land. A buyer who needs a substantial family residence can use the property as it stands, then improve the house over time according to their own requirements. The existing garden and mature residential character are already there. You're not starting with an empty lot. 2. Buy the land. Reposition later. A 400 sqm lot gives a buyer flexibility that a conventional small house-and-lot doesn't. Renovate. Reconfigure. Hold. Or study a future redevelopment strategy. The last option requires proper technical and regulatory due diligence. The number of possible units, allowable density, setbacks, access, parking and construction economics cannot be determined from lot area alone. That distinction matters. We're selling the opportunity to explore the options—not selling an unapproved development concept. What the Buyer Is Really Acquiring At ₱32M, the conversation shouldn't be limited to: “Is this a nice house?” The better questions are: How much land do I need? What does 400 sqm mean to my family's long-term plans? Would I rather renovate an existing property than start from an empty site? Does the location justify holding substantial land in this part of Quezon City? And for an investor: What can legitimately be done with the site after zoning, access and feasibility are reviewed? That's where this property becomes interesting. Property Snapshot 400 SQM LOT 4 BEDROOMS 3 BATHROOMS 4-CAR GARAGE EXISTING HOUSE PROJECT 8 / BAHAY TORO, QUEZON CITY ₱32M ASKING The property isn't being presented as a luxury showroom. It's being presented for what it actually offers: a substantial piece of residential land in an established QC location, with a usable house already on it and options for what comes next. For the right buyer, that flexibility may be more valuable than a freshly renovated façade. Interested in the property? DM “PROJECT8” on Facebook: Manila Property Insider. Include ₱28M+ proof of funds for access to the complete property information and private viewing schedule. Listed by Christopher Manoza PRC Real Estate Broker License No. 0033517 Manila Property Insider Real estate marketing by MPI | Licensed brokerage through Christopher Manoza