This 3-bedroom, 2-bathroom single family in Toronto is available for your consideration. 1 storey. The property has lot dimensions of 75 x 112 FT, cross street Morrish/ Old Kingston Rd. The home features forced air, natural gas heating, central air conditioning, a separate entrance basement.
MLS Remarks
***Residential Potential Development Opportunity in Prime Scarborough Location! *** Situated in a quiet Cul-De-Sac in a mature neighbourhood. Easy access to 401, Transit, Hospital, Bank. 4-5 minutes walk to U of T Scarborough Campus. ***Seller has proposed to the following Development: Separate into 2 lots and build 4 Flex on each lot with NO DEVELOPMENT CHARGE***Surrounded by established homes and ongoing intensification, the property benefits from strong demand driven by its proximity to major transit routes, shopping, schools, and key amenities. Whether you are looking to build a luxury custom residence, explore multi-unit development possibilities or hold for future appreciation, this property checks all the boxes. The existing structure provides interim rental income potential while planning approvals are pursued. Do not miss this rare opportunity to secure a prime piece of real estate in one of Scarborough's most promising pockets. Current Rental Income: $3,825 per month.
Property History
MLS# E12978342
Date
Event
MLS#
Price
Change
Apr 8, 2026
Listed For Sale
E12978342
$1,199
—
—
Price Changed
E12978342
$1,199,000
▲ $1,197,801 (99900.0%)
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Overview
Property Typeresidential
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The listing data displayed is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA). The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Listing represented by TFN REALTY INC. · MLS# E12978342
Mortgage Calculator
$
$239,800
5%20%50%
Estimated Monthly Payment
$5,332
/month
Mortgage
$959,200
Total Interest
$640,264
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Land Transfer Tax
$
Ontario LTT$20,455
Toronto Municipal LTT$20,455
Total Due on Closing$40,910
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.
