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$2,890,000.00
1563 BATHURST STREET, Toronto (Forest Hill South), Ontario, M5P3H8, Canada Listing ID: C13077024| Bathrooms | Bedrooms | Property Type |
|---|---|---|
| 4 | 8 | Multi-family |
Exceptional development opportunity in prime Forest Hill South. Approved severance and minor variances in place for the creation of four residential lots, each intended for three-storey semi-detached dwellings. Approvals are subject to conditions, including servicing and municipal requirements. Proposed lots offer efficient frontage and density, with approved relief for increased floor space index, reduced setbacks, and enhanced building envelopes.The property is currently fully tenanted, generating approximately $8,000/month in rental income, providing interim holding income during the development and permitting process.Property is being sold as-is with tenants. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions. (id:31565)
Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.Additional Information
| Amenity Near By | |
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| Features | |
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| Ownership | |
| Parking |
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| Transaction | For sale |
Building
| Bathroom Total | 4 |
|---|---|
| Bedrooms Total | 8 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 2 |
| Appliances | Water meter |
| Basement Development | Finished |
| Basement Features | Separate entrance |
| Basement Type | N/A (Finished), N/A |
| Cooling Type | Central air conditioning |
| Exterior Finish | Brick |
| Fireplace Present | True |
| Foundation Type | Unknown |
| Heating Fuel | Natural gas |
| Size Interior | 2500 - 3000 sqft |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal water |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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 trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Toronto Real Estate Board
29694008
Sun, 24 May 2026 23:23:02 GMT
