290 Morningside Avenue
Toronto E10, ON M1E 3E9
About This Property
Prime development opportunity in a high-exposure Scarborough node. Property to be severed prior to closing, offering approximately 0.73 aces at the intersection of Kingston Rd, Morningside Rd & Lawrence Avenue E. Located in a rapidly evolving corridor surrounded by dense residential communities and strong retail presence. Steps to major transit routes with seamless connectivity across the east end and into the downtown core. Immediate access to a full range of amenities including shopping centres, restaurants, and everyday conveniences. Preliminary concedpts anticipate approximately 82,000 sq ft of gross floor area across an 8-storey mid-rise building, presenting a compelling scale for ubran infill development. Ideal for residential, mixed-use, or purpose-built rental formats, subject to municipal approvals. A rare opportunity for developers and land bankers seeking a strategic infill site with strong long-term growth fundamentals.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E13462118
Listed by COLLIERS
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$11,720
/month · $1,920,000 mortgage
Amortization
Total Interest
$1,595,855
Total Cost
$3,515,855
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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