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 at $2,200/month, with tenancy ending on April 30, 2026 Tenants are also willing to stay, providing flexibility for immediate rental income until vacant possession and future redevelopment. 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. (41768171)
Cross Streets: Lawrence Ave E / Orton Park Rd. ** Directions: Lawrence Ave E / Orton Park Rd.
Property Type
Single Family
Annual Property Taxes
$3,500 (CAD)
Parking Type
Carport, No Garage
Time on REALTOR.ca
7 days
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