The Jennifer Jones Team, LPT Realty, Brokerage
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Toronto (Forest Hill South), ON

1563 BATHURST STREET

$2,890,000

Listed by
HOMELIFE NEW WORLD REALTY INC.
TREVOR LOU, Salesperson

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Detached at 1563 BATHURST STREET, Toronto (Forest Hill South), ON
1563 BATHURST STREET, Toronto (Forest Hill South), ON, photo 21563 BATHURST STREET, Toronto (Forest Hill South), ON, photo 3

Property facts

Price
$2,890,000
Type
Detached
Bedrooms
8
Bathrooms
4
MLS®
C13077024
Status
active
Brokerage
HOMELIFE NEW WORLD REALTY INC.

About this home

Description provided by the listing brokerage

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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