1563 Bathurst Street Toronto, Ontario M5P 3H8
$2,890,000
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:61852)
Property Details
| MLS® Number | C13077024 |
| Property Type | Multi-family |
| Community Name | Forest Hill South |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 6 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 8 |
| Appliances | Water Meter |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (finished), N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FireplacePresent | Yes |
| FoundationType | Unknown |
| StoriesTotal | 2 |
| SizeInterior | 2500 - 3000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 104 Ft ,1 In |
| SizeFrontage | 60 Ft |
| SizeIrregular | 60 X 104.1 Ft |
| SizeTotalText | 60 X 104.1 Ft |
Interested?
Contact us for more information
Trevor Lou
Salesperson
201 Consumers Rd., Ste. 205
Toronto, Ontario M2J 4G8
Harry Han
Salesperson
201 Consumers Rd., Ste. 205
Toronto, Ontario M2J 4G8
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May 04 2026 02:04:07
Toronto Real Estate Board
Homelife New World Realty Inc.