Multi-Family for Sale in Toronto
1563 Bathurst St, Toronto, ON
- 6+2 BEDS
- 4 BATHS
- 6,245.40 sq.ft. Land
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- Multi-Family for Sale in Toronto
Key Facts
- MLS® #: C13077024
- Property ID: SIRC3306651
- Property Type: Residential, Multiplex
- Lot Size: 6,245.40 sq.ft.
- Bedrooms: 6+2
- Bathrooms: 4
- Additional Rooms: Den
- Parking Spaces: 4
- Listed By:
- HOMELIFE NEW WORLD REALTY INC.
Property 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.
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Location
1563 Bathurst St, Toronto, Ontario, M5P 3H8 Canada
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