• 416-845-9558
  • estateofchoice@gmail.com
Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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1563 Bathurst Street, Tor...

Toronto, M5P 3H8
  • 2500-3000 Sq-Ft
  • 8 Bedrooms
  • - Garage
  • 4 Bathroom
Start From
$ 2,890,000

Descripation

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 remain 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 tenanted, offering strong rental income and attractive holding potential during the development and permitting process. Property is being sold as-is. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions.

Essential Information

  • Price: $2890000
  • For: Residential Freehold
  • Property Types: Multiplex
  • Area: 2500-3000 SQFT
  • Country:
  • City: Toronto C03
  • Garages:
  • Bedrooms: 8
  • Bathrooms: 4
  • Fronting On: East
  • Listing ID: C13077024
  • Cross Street: Bathurst And St. Clair
  • Annual Property Tax: $ 10429.02
  • Lot Size:
  • Listing Brokerage: HOMELIFE NEW WORLD REALTY INC.

Amenities

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Get in Touch

Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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