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$2,890,000
Ontario,Toronto (Forest Hill South)
For Sale Active
1563 BATHURST STREET, Toronto (Forest Hill South), Ontario M5P3H8
  • 8
  • 4
  • 2500 - 3000Square Feet
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: C13077024
  • Price: $2,890,000
  • Bedrooms: 8
  • Bathrooms: 4
  • Square Footage: 2500 - 3000 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 50211
Features & Appliances
Features
  • Cooling System: Central air conditioning
  • Basement: Finished, Separate entrance, N/A
  • Parking: Garage, Attached Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Toronto (Forest Hill South), M5P3H8
  • Street: Bathurst
  • Street Number: 1563
  • Street Suffix: Street
  • Longitude: W80° 34' 47.9''
  • Latitude: N43° 41' 14.5''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 60 x 104.1 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 10429.02
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Listing updated: 2026-05-04 22:22:25
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Listing Information
  • List Agent Key: 2059418
  • List Office Key: 50211
  • Modification Timestamp: 2026-05-04T14:10:23Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-05-04T14:04:07Z
Powered by REALTOR.ca
Listing updated: 2026-05-04 22:22:26
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