For Sale - 1563 Bathurst Street, Toronto, Ontario

Est payment $13,878/mo
Views   1
Time on Jump  3 day
  • Prime Forest Hill South location for a new development project.
  • Approved plans for four semi-detached residential lots.
  • Current rental income of about $8,000/month supports interim holding.
  • Flexible conditions for increased floor space and reduced setbacks.
  • Property sold as-is, with active tenancies in place.



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 IDC13077024
Address1563 Bathurst Street
CityToronto, Ontario
Price$2,890,000
Bed / Bath8 / 4 Full
Style2-Storey, Multiplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features Water MeterOwnership FreeholdBasement Finished, Separate EntranceFoundation UnknownHeating / Cooling WaterHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Agency:  HOMELIFE NEW WORLD REALTY INC.

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1563 Bathurst Street
Toronto , Ontario
8 4 $2,890,000
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