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    For Sale - 1563 Bathurst Street, Toronto, Ontario

    Est payment $13,878/mo
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    Views   3
    Time on Jump  172 day

    AI Summary *

    • 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

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    Listing Brokerage: HOMELIFE NEW WORLD REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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