1563 BATHURST STREET, Toronto, Ontario M5P 3H8
$2,890,000.00
- 8 bedrooms
- 4 bathrooms
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 ... read more
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. (id:25417)
- Listing ID: C13077024
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 60 by 104.1 FT |
| Parking: | Attached Garage 4 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Water Meter |
| HVAC: | Central Air Conditioning and Fireplace Natural Gas |
| Exterior: | Brick |
| Basement: | N/A (Finished), N/A |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Toronto (Forest Hill South) |
| Province: | Ontario |
Book a showing to see this Bathurst Street Home in Toronto
This property has so much to offer. Book a private showing now, as you do not want to miss out on 1563 BATHURST STREET in Toronto, Ontario!
Private Showing Request
Send a request to book a private showing for
.
Please Note: Information you supply in the contact form will be kept fully confidential.
Is this multi-family home the right property for you? Start a conversation to find out.
Get Directions to this Property
Not sure where this property is? Get directions to this Bathurst Street Home in Toronto.
Provided by HOMELIFE NEW WORLD REALTY INC.. MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Have questions or need more information about this home? Don't know where to begin? Then, let us connect you with the best real estate agent to guide you.
Inquiries submitted through this website will be responded to by a local sales representative from Royal LePage®.
Start a Conversation by Text
Provide your full name, phone and email to start a conversation by text message.
Please Note: Information you supply in the contact form will be kept fully confidential.
Start a Conversation by Email
Provide your full name and email to start a conversation by email.
Please Note: Information you supply in the contact form will be kept fully confidential.