1563 BATHURST STREET
Toronto (Forest Hill South), Ontario
MLS® C13077024
$2,890,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- C13077024
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 12Listing 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.
Property summary
- MLS® number
- C13077024
- Property type
- Multi-family
- Building type
- Other
- Land size
- 60 x 104.1 FT
- Annual property taxes
- $10,429.02
- Parking
- 4 spaces · Attached Garage, Garage
- Days on market
- 114 days
Features & details
- Heating
- Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Separate entrance, N/A, N/A
- Appliances
- Water meter
- Exterior features
- Brick
What would this home cost you?
Based on the $2,890,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of HOMELIFE NEW WORLD REALTY INC., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.