1563 Bathurst Street,Toronto C03, ON M5P 3H8
Toronto C03, ON M5P 3H8
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.
Details
| MLS # | C13077024 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 110 |
| Listing Provided By | HOMELIFE NEW WORLD REALTY INC. | C13077024 013400 |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.14 |
Interior
| Interior Features | Water Meter |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Unknown |
| Construction Materials | Brick |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Front Yard Parking |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 10429.02 |
|---|---|
| Tax Legal Description | Pt Lt 59 Pl 1688 Forest Hill As In Ct163952 |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto C03 |
| Postal Code | M5P 3H8 |
| Area | Forest Hill South |
| Listing VS Median (in M5P 3H8) | |
Price: $2,890,000 low | high Med: $0 On site: 110 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto C03 |
| Postal Code | M5P 3H8 |
| Area | Forest Hill South |
| Listing VS Median (in M5P 3H8) | |
Price: $2,890,000 low | high Med: $0 On site: 110 low | high Med: | |