For sale 50$2,890,000
1563 Bathurst Street
Forest Hill South, Toronto, Ontario M5P3H8
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- C13077024
- Added
- May 4, 2026 ()
- Updated
- May 24, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Other
- Storeys
- 2
Inside
- Bedrooms
- 6+2
- Bathrooms
- 4
- Heating
- Natural gas
- Cooling
- Central air conditioning
- Fireplace
- Yes
- Appliances
- Water meter
Building
- Basement
- Finished, Separate entrance
- Exterior
- Brick
- Parking
- Attached Garage, Garage · 4 spaces
Land
- Lot size
- 60 x 104.1 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Bathurst And St. Clair
- Directions
- Lonsdale Rd, East of Bathurst St.
Running costs
- Annual property tax
- $10,429
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