Amy

Travis

Jolanda

1563 Bathurst Street - $2,890,000

1563 Bathurst Street

$2,890,000

Forest Hill South

Toronto Forest Hill South, OntarioM5P3H8

8 beds

4 baths

4 parking

MLS#: C13077024Listed: 3 months agoUpdated:about 2 months ago

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:63050)

Details

Details for 1563 Bathurst Street, Toronto Forest Hill South, Ontario

Property Type: Multi Family
Building Type: Other
Storeys: 2
Neighborhood: Forest Hill South
Land Size: 60 x 104.1 FT
Year Built: -
Annual Property Taxes: $10,429
Parking Type: Attached Garage, Garage

Inside

Appliances: Water meter
Rooms: -
Bedrooms: 8
Bathrooms: 4
Fireplace: -
Fireplace Total: -
Basement: Finished, Separate entrance, N/A, N/A

Building

Architecture Style: -
Direction: Cross Streets: Bathurst And St. Clair. ** Directions: Lonsdale Rd, East of Bathurst St.
Type of Dwelling: other
Roof: -
Exterior: Brick
Foundation: Unknown
Flooring: -