$2,890,000
1563 Bathurst Street, Toronto, ON M5P 3H8
8 beds4 baths4 parking 2500-3000 ft²
Key facts
- MLS®
- C13077024
- Status
- New
- Type
- Multiplex
- Taxes
- $10,429
- Size
- 2500-3000 ft²
- Parking
- 4 total
- Listed
- 2026-05-04
- Brokerage
- HOMELIFE NEW WORLD REALTY INC.
- Cross street
- Bathurst And St. Clair
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.