26 BUSH DRIVE, Toronto (Highland Creek), Ontario, M1C1G6
MLS: E12978342 | House (Freehold)
$1,199,000
Property 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:64974)
Quick Facts
- Property Type: House (Freehold)
- Style: Bungalow
- Bedrooms: 3 (2 above, 1 below)
- Bathrooms: 2
- Ownership: Freehold
- Attached: No
- Parking: 6.0 spaces (No Garage)
- Frontage: 75 ft (22.9 m)
Costs
- Annual Taxes: $3,762.90
Listing Provided by: TFN REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Separate entrance, N/A
Exterior & Construction
- Style: Bungalow
- Exterior: Aluminum siding
- Foundation: Unknown
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 75 ft (22.9 m)
- Zoning: RD*1229
Community & Neighbourhood
- Neighbourhood: Highland Creek
Room Details (8 rooms)
Listing Information
Listing History
MLS listing activity for 26 BUSH DRIVE, Toronto (Highland Creek), Ontario, M1C1G6 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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26 BUSH DRIVE, Toronto (Highland Creek), Ontario, M1C1G6