Address
1563 Bathurst Street, Toronto, ON
Price
$ 2,890,000
Property Attributes
  • ID#C13077024
  • TypeMulti-Family
  • Listing Status New
  • CityToronto
  • AreaForest Hill South
  • NeighbourhoodForest Hill South
  • Postal CodeM5P 3H8
  • Style2-Storey
  • Taxes$ 10429
  • Price$ 2,890,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2500-3000
Data Source:
Toronto Real Estate Board (TRREB)
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.

Price History
5/4/2026 Listed $2,890,000

General Features

Sewer Sewer
Cooling Central Air
Roof Asphalt Shingle
Architectural Style 2-Storey
Pool Features None
Construction Materials Brick
Heater Type Water
Parking Spaces 2
Property Subtype Multiplex
Tax Year 2025
Lot Depth 104.09
County Toronto
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction East
Garage Y/N Yes
Status New
City Toronto C03
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 10429.02
Standard Status Active
Occupancy Type Tenant
Legal Description Pt Lt 59 Pl 1688 Forest Hill As In Ct163952

Interior Features

Interior Amenities Water Meter
Basement Finished,Separate Entrance
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 8
Elevator? No
Total Baths 4
Bedrooms 6+2
Living Area Range 2500-3000

Exterior Features

Parking Features Front Yard Parking
Total Parking 4.0
Garage Type Attached
Foundation Details Unknown
Spa No
Waterfront Y/N No
Covered Spaces 2.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in M5P 3H8

Price
AVG $2.89M
$2.89M
Taxes
AVG $10,429
$10,429
Visits
AVG 191
376
Data Provided by Inside Real Estate®