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Highland Creek · M1C 1G6
$1,199,000
MLS® #E12978342
3
Bedrooms (2+1)
2
Bathrooms
700-1100
Sq Ft
About This Property
***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.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Ground | 23' 3" × 11' 7" |
| Kitchen | Ground | 11' 7" × 11' 6" |
| Primary Bedroom | Ground | 11' × 10' 3" |
| Bedroom 2 | Ground | 11' × 7' 7" |
| Laundry | Basement | 10' × 5' 7" |
| Recreation | Basement | 19' 1" × 12' 9" |
| Kitchen | Basement | 14' 2" × 7' 10" |
| Bedroom 3 | Basement | 13' 11" × 8' 4" |
Mortgage Calculator
Estimated monthly payment
$5,890
Down payment: $239,800 · Loan: $959,200
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
TFN REALTY INC.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Apr 10, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.