$549,900Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 9.74' x 8.37' | Tile Floor, Open Concept |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 2-Piece Bathroom | ||||
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Oakridge, Toronto is an east Toronto neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those recently arrived from Bangladesh and those from Bangladesh, and Bengali speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 35 to 49 and 35 to 49.
Kids Per Family
1.5
kids per family
in the neighbourhood.
52%
of residents are
single and loving it.
52% singles
Toronto (50%)
68%
of residents
are renters.
68% renters
Toronto (47%)
39%
of residents are
university grads.
39% university grads
Toronto (48%)Average Household Income
$66K
is the average household
income in the neighbourhood.
Professions
| Sales | 19% |
| Business | 8% |
| Government | 7% |
| Trades | 7% |
| Sciences | 4% |
56%
of residents were
born outside of Canada.
56% immigrants
Toronto (48%)20.8% from Bangladesh
All-time
5.8% from Bangladesh
Recent
Foreign Languages
| Bengali | 23% |
| Tagalog | 3% |
| Urdu | 3% |
| Cantonese | 2% |
| Persian | 2% |
Religions
| Christian | 47% |
| Muslim | 27% |
| Hindu | 7% |
| Buddhist | 2% |
Social Housing Buildings
26
Social housing buildings
in the neighbourhood.
Shelters
1
Homeless shelters in
the neighbourhood.