26 Bush Drive, Rouge / Port Union / Malvern, ON M1C 1G6
$1,199,000
activeNEWMLS® #E12978342 · Single Family Home · For Sale
Description
***Residential Potential Development Opportunity in Prime Scarborough Location! *** Nestled in a quiet cul-de-sac within a mature and family-friendly neighbourhood, this exceptional property presents a rare Scarborough development opportunity with significant residential redevelopment potential. Surrounded by established homes and ongoing intensification, this property is ideal for those seeking a multi-unit investment property or a builder/investor special in a rapidly evolving area. ***Seller has proposed to the following Development: Separate into 2 lots and build 4 Flex on each lot with NO DEVELOPMENT CHARGE (Buyers to Verify) ***The location offers outstanding convenience, with easy access to Highway 401, TTC transit, hospitals, banks, shopping, and top-rated schools, while being just a short 4-5 minute walk to the University of Toronto Scarborough campus. This proximity supports strong and consistent rental demand, making it an excellent income property near U of T Scarborough and a valuable high rental demand area for long-term investment. The existing home currently generates approximately $3,825 per month in rental income, providing immediate cash flow and making it a strong income-producing holding property while development plans are pursued.
Features
Property Details
Listing Information
Brokerage: TFN REALTY INC.
Listed: 2026-04-10
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9