See all 24 photos
24 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$949,000
Est. payment /mo
3 Beds
2 Baths
700 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $1,355
Subdivision Morningside
MLS® Listing ID E12603254
Bedrooms 3
Half Baths 1
Property Sub-Type Freehold
Source Toronto Regional Real Estate Board
Property Description
Developers & Investors Attention !!! Rare development opportunity in Morningside ! A current detached residential property with rezoning approval for a ***Fourplex, offering an excellent turnkey development potential. The property is currently tenant-occupied with tenancy ending on April 30, 2026. This site is perfect for developers or investors looking to build a legal multiplex in a strong high demand rental market, or end-users build your custom dream home, close to schools, UT Scarb. Centennial, parks, transit, Hwy 401. Zoning approval secured, allowing for efficient planning and project preparation. seller can assist with building permit acquisition at an adjusted price, allowing for an even faster path to a ready-to-build site. Don't miss this chance to acquire a property with upside potential in a high-demand area. ***Seller has architectural drawings and all required documents ready for building permit application, subject to buyer's design additions or revisions. Current drawings propose a fourplex with rear garden suites. The main fourplex, including basement, is approximately 5,500 sq. ft., and the garden suite with basement is approximately 1,400 sq. ft. In total, the design includes 15 rooms, each with its own private bathroom. Two front parking spaces subject to approval, or buyer may rent two on-street parking permits from the City. *** The required permit for tree removal in the rear yard has been obtained. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Sewer Sanitary sewer
Others
Ownership Freehold
Read Less Info
Listed by HOMELIFE LANDMARK REALTY INC.
GET MORE INFORMATION