C13077024

Price:

2,890,000 For Sale

MLS® No:

C13077024

Intersection:

Bathurst And St. Clair

Community:

Forest Hill South

Address:

1563 Bathurst Street, Toronto, ON, M5P 3H8

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Features

Property Type:

Multiplex

Property Style:

"2-Storey"

Land Size:

60 X 104.09Feet

Approximate Square Footage:

2500-3000

Possession:

Annual Property Taxes (estimate):

10,429.02 / 2025 Tax Year

Basement:

"Finished","Separate

Exterior Finish:

"Brick"

#Bedrooms:

6 + 2

#Bathrooms:

#Kitchens:

1 + 1

Garage Type:

Attached

#Garages:

#Parkings:

Heat Source:

Gas

Heat Type:

Water

Central AC:

Central Air

Fire Place:

Ensuite Laundry:

Pool:

"None"

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 Contracted With: HOMELIFE NEW WORLD REALTY INC. (Independently Owned & Operated)

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.