1563 Bathurst Street, Toronto, Ontario, Canada, M5P3H8
2,890,000
for Sale
6 + 2
4
2500-3000
About the property:
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.
Multiplex
other
- Property Type:
- Multiplex
- Status:
- for Sale
- House Style:
- other
- Bedrooms:
- 6 + 2
- Bathrooms:
- 4
- Land Size:
- 60 x 104.09 FT
- Central A/C:
- Yes
- Garage Spaces:
- 2
- Parking Places:
- 4
- Fireplace:
- Yes
- Heating Type:
- Water
- Heating Fuel:
- Gas
- Cross Street:
- Bathurst And St. Clair
- Exterior:
- Brick
- Basement:
- Finished,Sep, Finished,Sep
- Fronting On:
- E
- Possession Date:
- TBD
- Front Footage:
- 60
- Annual Property Taxes:
- 10,429.02
- Listing ID:
- C13077024
Rooms
Dimensions
Brokered by:
Homelife New World Realty Inc.
Source: TRREB/PROPTX
Presented By: