***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:15069)
| MLS® Number | E12978342 |
| Property Type | Single Family |
| Community Name | Highland Creek |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 3 |
| Architectural Style | Bungalow |
| Basement Features | Separate Entrance |
| Basement Type | N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 112 Ft |
| Size Frontage | 75 Ft |
| Size Irregular | 75 X 112 Ft |
| Size Total Text | 75 X 112 Ft |
| Zoning Description | Rd*1229 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Laundry Room | 3.05 m | 1.69 m | 3.05 m x 1.69 m |
| Basement | Recreational, Games Room | 5.81 m | 3.89 m | 5.81 m x 3.89 m |
| Basement | Kitchen | 4.33 m | 2.38 m | 4.33 m x 2.38 m |
| Basement | Bedroom 3 | 4.23 m | 2.53 m | 4.23 m x 2.53 m |
| Ground Level | Living Room | 7.08 m | 3.52 m | 7.08 m x 3.52 m |
| Ground Level | Kitchen | 3.53 m | 3.51 m | 3.53 m x 3.51 m |
| Ground Level | Primary Bedroom | 3.35 m | 3.13 m | 3.35 m x 3.13 m |
| Ground Level | Bedroom 2 | 3.35 m | 2.32 m | 3.35 m x 2.32 m |
https://www.realtor.ca/real-estate/29581570/26-bush-drive-toronto-highland-creek-highland-creek
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