3 Bedroom
2 Bathroom
700 - 1,100 ft2
Central Air Conditioning
Forced Air
$949,000
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 with tenancy ending on April 30, 2026. 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. ***Seller has architectural drawings and all required documents ready for building permit application, subject to buyer's design additions or revisions. Current drawings propose a fourplex with rear garden suites. The main fourplex, including basement, is approximately 5,500 sq. ft., and the garden suite with basement is approximately 1,400 sq. ft. In total, the design includes 15 rooms, each with its own private bathroom. Two front parking spaces subject to approval, or buyer may rent two on-street parking permits from the City. (id:50976)
Property Details
|
MLS® Number
|
E12603254 |
|
Property Type
|
Single Family |
|
Community Name
|
Morningside |
|
Equipment Type
|
Water Heater |
|
Features
|
Carpet Free |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Water Heater |
Building
|
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 |
Parking
Land
|
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
