1563 Bathurst Street
Forest Hill South, Toronto, M5P 3H8
For Sale
31.02 BTC

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6 + 2
BEDROOMS4
BATHROOMS1 + 1
KITCHENS10 + 2
ROOMSC13077024
MLSIDContact Us
Property Description
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.
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Nearby Intersections
Property Features
Water Meter, Front Yard Parking
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Property Details
Property Type
Multiplex
Lot Size
60' x 104'
Taxes
$10,429 (2025)
Basement
Finished, Separate Entrance
Heat Type
Water
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Attached
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Listing contracted with Homelife New World Realty Inc.
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