MLS#: E12978342Listed: about 2 months agoUpdated:about 2 months ago
Description
***Residential Potential Development Opportunity in Prime Scarborough Location! *** Nestled in a quiet cul-de-sac within a mature and family-friendly neighbourhood, this exceptional property presents a rare Scarborough development opportunity with significant residential redevelopment potential. Surrounded by established homes and ongoing intensification, this property is ideal for those seeking a multi-unit investment property or a builder/investor special in a rapidly evolving area. ***Seller has proposed to the following Development: Separate into 2 lots and build 4 Flex on each lot with NO DEVELOPMENT CHARGE (Buyers to Verify) ***The location offers outstanding convenience, with easy access to Highway 401, TTC transit, hospitals, banks, shopping, and top-rated schools, while being just a short 4-5 minute walk to the University of Toronto Scarborough campus. This proximity supports strong and consistent rental demand, making it an excellent income property near U of T Scarborough and a valuable high rental demand area for long-term investment. The existing home currently generates approximately $3,825 per month in rental income, providing immediate cash flow and making it a strong income-producing holding property while development plans are pursued. (id:63050)
Details
Details for 26 Bush Drive, Toronto Highland Creek, Ontario
Property Type
Single Family
Building Type
House
Storeys
1
Neighborhood
Highland Creek
Land Size
75 x 112 FT
Year Built
-
Annual Property Taxes
$3,763
Parking Type
No Garage
Inside
Appliances
-
Rooms
8
Bedrooms
3
Bathrooms
2
Fireplace
-
Fireplace Total
-
Basement
Separate entrance, N/A
Building
Architecture Style
Bungalow
Direction
Cross Streets: Morrish/ Old Kingston Rd. ** Directions: NA.
Type of Dwelling
house
Roof
-
Exterior
Aluminum siding
Foundation
Unknown
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
75 x 112 FT
Zoning
-
Zoning Description
RD*1229
Parking
Features
No Garage
Total Parking
6
Utilities
Cooling
Central air conditioning
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 26 Bush Drive, Toronto Highland Creek, Ontario