$549,900

About this listing

Exceptional investment and redevelopment opportunity! This detached 2-bedroom bungalow sits on a premium 25 x 113 ft lot on a quiet family-friendly cul-de-sac, directly facing a park and backing onto Oakridge Junior Public School. Just a short walk to Victoria Park Subway Station, this prime location offers outstanding convenience, strong rental demand, and excellent long-term appreciation potential. *Ideal for investors, builders, renovators, BRRRR enthusiasts, or end-users looking to build equity. The existing home is fully livable and mortgage-financeable, allowing you to move in, rent it out, or generate income while planning future improvements. Renovate, modernize, expand, or explore redevelopment possibilities to maximize the value of this desirable property. Unlike a condo, this is an opportunity to own valuable freehold land in an established neighbourhood where land continues to appreciate.The generous lot, transit-oriented location, nearby parks, schools, shopping, and everyday amenities make this a rare offering with multiple exit strategies. Whether your goal is to renovate for resale, build your dream home, hold as a long-term investment, or create a BRRRR project, this property offers exceptional flexibility.**** Conceptual design renderings are available for buyers as inspiration to showcase potential redevelopment ideas only. These images are provided for reference and do not represent approved plans or guarantee future development. Buyers are advised to conduct their own due diligence regarding zoning, permits, and building requirements.**** A rare opportunity to secure a detached home in one of Scarborough's most desirable transit-friendly communities with immediate livability and tremendous upside potential.