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Royal LePage
Royal LePage
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$949,000

3 Beds

2 Baths

700 - 1100 FEETSQ

QuickQuoteTM: $784K - $1.1M

Toronto ON, M1G 3G2

MLS® # E12603254

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Detached
  • Construction Style - Split Level: Backsplit
  • Exterior Finish: Vinyl siding, Brick
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Features: Carpet Free
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 130.0 Feet
  • Lot Frontage: 39.2 Feet
  • Lot Size: 39.2 x 130 FT
  • Zoning: Multiplex
  • Sewer: Sanitary sewer
  • Parking Type: Carport, No Garage
  • No. of Parking Spaces: 5

Courtesy of: HOMELIFE LANDMARK REALTY INC.

REALTOR.ca  

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Location of 29 ORTON PARK ROAD, Toronto, Ontario, M1G 3G2

Demographic Information of 29 ORTON PARK ROAD, Toronto, Ontario, M1G 3G2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$93,744.60

Average Number of Children

1.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.65 %

High school certificate or equivalent

32.26 %

Apprenticeship trade certificate/diploma

5.37 %

College/non-university certificate

22.5 %

University certificate (below bachelor)

1.99 %

University Degree

21.25 %

Commuter

Travel To Work

By Car

71.35 %

By Public Transit

23.18 %

By Walking

2.16 %

By Bicycle

0.0 %

By Other Methods

3.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

54.04 %

Houses

45.96 %

Own Vs. Rent

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