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. (id:51158)
| MLS® Number | E12603254 |
| Property Type | Single Family |
| Neigbourhood | Scarborough |
| Community Name | Morningside |
| Equipment Type | Water Heater |
| Features | Carpet Free |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished), N/a |
| Construction Style Attachment | Detached |
| Construction Style Split Level | Backsplit |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding, Brick |
| Foundation Type | Unknown |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Carport | |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 130 Ft |
| Size Frontage | 39 Ft ,2 In |
| Size Irregular | 39.2 X 130 Ft |
| Size Total Text | 39.2 X 130 Ft |
| Zoning Description | Multiplex |
https://www.realtor.ca/real-estate/29164917/29-orton-park-road-toronto-morningside-morningside
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