308 Morrish Road

Highland Creek, Toronto · MLS® E13874654

213

House · Single Family · 17 days on market

listed by HUAN WANG, HOMELIFE LANDMARK REALTY INC.

realtor's description

A rare development opportunity! Excellently located near the University of Toronto Scarborough Campus and Centennial College. This sizable lot measures 50' 289'.Municipal consent has been obtained to subdivide the land into two individual 50' 140' lots. Each lot boasts strong rental potential and qualifies for redevelopment with two residential dwellings. For full particulars, kindly reach out to the listing broker. Truly an exceptional land parcel.

property details

type: House, Single Family
bedrooms: 2
bathrooms: 1
parking: 3
property tax: $4,351 / yr
days on market: 17
MLS®: E13874654

monthly cost

$4,715/mo

Mortgage $4,353 · Tax $363

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,353/ monthly

loan $799,200

25-year amortization

down payment20% · $199,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $506,564
cash to close: $199,800; down payment; transfer tax and fees not included
total paid: $1,305,764

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.