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About the Listing 013400 -
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.
Listing Highlights
Status
Active
Days on Site
28
Property Type
Multi-Family
MLS ®
C13077024
Year Built
Total Square Footage
2,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Separate Entrance
- Other: Water Meter,2 Kitchens
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: Front Yard Parking,Attached,Has Garage
Financial Details
- Tax Amount: $10,429
- Taxes w/Assessments: N/A
- Tax/Property ID: 104660038
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
1563 Bathurst St Toronto, ON M5P 3H8
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