309 Morningside AVE Toronto E10, ON M1E 3G2

Incredible opportunity in a prime Scarborough location! Just minutes from the University of Toronto (Scarborough Campus), Centennial College, and the Pan Am Sports Centre. Situated on a large 50 x 140 lot, this property offers exceptional development potential. Located on a major street and part of the City of Toronto's EHON (Expanding Housing Options in Neighborhoods) initiative, the site may allow for future development of a 4-plex with a garden suite, or possibly up to a 60-unit apartment building (subject to City review and approval).The main floor features 3 bedrooms and 1 bathroom, while the basement has been recently renovated and reconfigured to include 4 bedrooms and 2 bathrooms, with a separate entrance and egress window perfect for multi-generational living, an in-law suite, or rental income. Enjoy close proximity to parks, shopping centers, TTC with GO train connections, and Highway401. Walking distance to Morningside Park and just a short drive to both UofT Scarborough and Centennial College. This property is turn-key and move-in ready, or ideal for investors and developers looking to capitalize on future zoning opportunities under EHON.