About this home
Property Details: - Type: Detached - Bedrooms: 2 - Bathrooms: 2 - MLS#: E12978342 Listed By: TFN REALTY INC.
***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. This detached home located at 26 Bush Drive, Toronto is currently for sale and has been available on Zolo.ca for 2 days. This property is listed at $1,199,000 with an estimated mortgage of $4,413* per month. It has 2 beds, 2 bathrooms, and is 700-1100 square feet. 26 Bush Drive, Toronto is in the Highland Creek neighborhood Toronto. Centennial Scarborough, Rouge E11 and West Hill are nearby neighborhoods.
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