1563, Bathurst, Forest Hill South, Toronto, Residential Freehold

MLS® Number C13077024
For Sale   $ 2,890,000
  • 8 beds | 
  • 4 baths | 
  • 2500-3000 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Multiplex For Sale.

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.

Interior Features: Water Meter

Cross Street: Bathurst And St. Clair

Direction Faces: East

Key Facts

  • Days on: 142 days
  • Mls Status: New
  • Bedrooms Total: 8
  • Bedrooms Below Grade: 2
  • Bedrooms Above Grade: 6
  • Den / Family Room: Yes
  • Bathrooms Total Integer: 4
  • Lot Width: 60.00
  • Kitchens Total: 2
  • Parking Total: 4
  • Parking Spaces: 2
  • Parking Features: Front Yard Parking
  • Garage Type: Attached
  • Heat Source: Gas
  • Heat Type: Water
  • Cooling: Central Air
  • Living Area Range: 2500-3000 Square Feet

Location 1563, Bathurst, Forest Hill South, Toronto

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Kate Naccarato
Sales Representative 416-779-6085