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Multiplex

1563 Bathurst Street

Forest Hill South · Toronto, M5P 3H8

$2,890,000

Beds
6+2
Baths
4
Size
2,500-3,000 ft²
Type
Multiplex
Listed
176 days
MLS®
C13077024

About this home

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.

Property details

MLS® number
C13077024
Property type
Multiplex
Style
2-Storey
Bedrooms
6+2
Bathrooms
4
Kitchens
2
Interior size
2,500-3,000 ft²
Lot
60 × 104.09 ft
Basement
Finished, Separate Entrance
Heating
Water, Gas
Cooling
Central Air
Parking
4 total, garage: attached
Fireplace
Yes
Exterior
Brick
Property taxes
$10,429 (2025)
Possession
TBD
Cross street
Bathurst And St. Clair
Community
Forest Hill South
City
Toronto

Location

Forest Hill South · Toronto, near Bathurst And St. Clair

1563 Bathurst Street, Toronto

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$12,796per month

$578,000 down · 4.5% · 25 years

Down payment

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An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Toronto

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