Was listed for:Terminated 29 days ago
$1,049,000

26 Bush Drive

Scarborough (Highland Creek), ON M1C 1G6

Detached House TerminatedNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 26 Bush Drive, Scarborough, Highland Creek

2026-09-14
2026-09-18
Terminated
Price
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MLS#
e13779372
2026-04-08
2026-07-17
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 26 Bush Drive, Scarborough, Highland Creek

Summarized Description

  • Exceptional redevelopment potential in a high-demand area.
  • Generates approximately $5,100 monthly in rental income.
  • Proposed severing for two lots with flex units.
  • No development charges for buyers to verify.
  • 4-5 minute walk to University of Toronto Scarborough.
  • Minutes from Highway 401 and TTC transit routes.
  • Ideal for builders, developers, and savvy investors.
  • Strong tenant demand ensures long-term rental income.

Nestled in a quiet cul-de-sac within a mature, family-friendly neighbourhood, this exceptional property offers significant residential redevelopment potential in a rapidly evolving, high-demand area. Surrounded by established homes and ongoing community intensification, it represents an outstanding opportunity for builders, developers, and savvy investors. Development Potential: The seller has proposed severing the property into two lots, with plans to build four flex units per lot with no development charges (buyer to verify with the city). Strong Immediate Income: Functions as an ideal holding property, generating approximately $5,100 per month in rental cash flow while development plans and permits are pursued. Unbeatable Proximity to Campus: Just a 4-5-minute walk to the University of Toronto Scarborough (UTSC), ensuring perpetual, high-volume tenant demand for long-term rental income. Prime Location & Transit: Minutes to Highway 401, TTC transit routes, top-rated schools, hospitals, shopping centres, and everyday amenities. Whether you are looking to acquire a high-yield income property or execute a multi-unit residential project, this property delivers the ideal mix of location, cash flow, and potential value creation.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,829
Land Transfer Tax Fee
$34,910

Basement Type
Separate Entrance

Interior Features

Laundry Level
Upper Level
Interior Extras
Sump Pump, Water Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
Inground
Property Features
Clear View, Fenced Yard, Place Of Worship, Public Transit, School

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Aluminum Siding
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
74.98 ft
Lot Depth
112.60 ft

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2 + 1
Washrooms
2
Kitchens
2

Room sizes

  • Kitchen—
    Basement level
  • Living Room—
    Main level, Window
  • Primary Bedroom—
    Main level, Closet
  • Laundry—
    Basement level
  • Recreation—
    Basement level
  • Bedroom—
    Main level
  • Room—
    Basement level
  • Kitchen—
    Main level, Eat-in Kitchen

Washrooms

  • 4-piece, Main
  • 3-piece, Basement

Municipality
Scarborough
Neighbourhood
Highland Creek
Main cross streets
MORRISH RD/OLD KINGSTON RD
Directions
SOUTH OF 401

MLS® number
E13779372
Data source
Toronto Regional Real Estate Board
Status change
2026-09-18
Listed on
2026-09-14
Days on market
4 days
Possession date
2026-10-31
Possession type
Immediate
Co-op commission
2.5% - $50 Marketing Fees + hst
Seller
Listed by
HOMELIFE/MIRACLE REALTY LTD

Home Market Value

Current home valuation for 26 Bush Drive, Scarborough, Highland Creek, Scarborough, ON. Listed for $1,049,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 26 Bush Drive, Scarborough, Highland Creek

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Scarborough, ON
Minimum Down Payment Required:7.6%

5% on first $500K + 10% on $549,000 over $500K

Minimum down payment

$79,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$38,729$29,267$24,966$0
=Total mortgage
$1,006,956$973,367$916,616$839,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,916monthly$4,752monthly$4,475monthly$4,097monthly
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Land Transfer Tax

Provincial

$17,455

Municipal (Toronto)

$17,455

Total Land Transfer Tax

$34,910

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
Loading map...
7.1 /10

Highland Creek

Public·elementary·420m

5.5 /10

Cardinal Leger

Private·elementary·960m

7.0 /10

Morrish

Public·elementary·1.1km

6.8 /10

Meadowvale

Public·elementary·1.4km

6.6 /10

Saint-Michel

Private·elementary·French·1.5km

7.9 /10

St Malachy

Private·elementary·1.6km

4.9 /10

West Hill

Public·secondary·1.7km

4.7 /10

West Hill

Public·elementary·1.7km

7.9 /10

Centennial Road

Public·elementary·1.9km

5.6 /10

William G Miller

Public·elementary·1.9km

7.8 /10

St Brendan

Private·elementary·2.0km

4.2 /10

Joseph Brant

Public·elementary·2.0km

3.3 /10

Military Trail

Public·elementary·2.0km

5.4 /10

John G Diefenbaker

Public·elementary·2.0km

6.0 /10

St Dominic Savio

Private·elementary·2.1km

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