Size
-
Lot size
5099 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$863 - $1,356
Taxes
$3,500 (2025)
Parking Type
-
Style
Backsplit 3
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Description
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.
Broker: HOMELIFE LANDMARK REALTY INC.
MLS®#: E12603254
Property details
Parking:
5
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Backsplit 3
MLS Size:
700-1100 sqft
Lot front:
39 Ft
Lot depth:
130 Ft
Listed on:
Dec 5, 2025
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Instant estimate:
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$58,487
lower than listed pricei
High
$927,800
Mid
$890,513
Low
$839,092
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