Nestled in a quiet cul-de-sac within a mature, family-friendly neighbourhood, this exceptional property offers significant residential redevelopment potential in a rapidly evolving, high-demand area. Surrounded by established homes and ongoing community intensification, it represents an outstanding opportunity for builders, developers, and savvy investors. Development Potential: The seller has proposed severing the property into two lots, with plans to build four flex units per lot with no development charges (buyer to verify with the city). Strong Immediate Income: Functions as an ideal holding property, generating approximately $5,100 per month in rental cash flow while development plans and permits are pursued. Unbeatable Proximity to Campus: Just a 4-5-minute walk to the University of Toronto Scarborough (UTSC), ensuring perpetual, high-volume tenant demand for long-term rental income. Prime Location & Transit: Minutes to Highway 401, TTC transit routes, top-rated schools, hospitals, shopping centres, and everyday amenities. Whether you are looking to acquire a high-yield income property or execute a multi-unit residential project, this property delivers the ideal mix of location, cash flow, and potential value creation.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
1100-1500
Lot Depth:
112'7"34.3 m
Lot Frontage:
74'11¾"22.9 m
Direction Faces:
West
Bedrooms:
2+1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Block
Roof:
Asphalt Shingle
Basement:
Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Pool:
Inground
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$3,828.88 /
2026
Assessment:
$- /
-
Toronto
Toronto E10
Highland Creek
Clear View, Fenced Yard, Place Of Worship, Public Transit, School
Data was last updated September 15, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$1,199,500
Min list price:
$799,800
Max list price:
$2,740,000
Avg days on market:
25
Min days on market:
1
Max days on market:
154
These statistics are generated based on the current listing's property type
and located in
Highland Creek. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.