DeMelo Group Logo
$2,890,000
 $15,514 est/mo Sourced by Back At You

1563 Bathurst Street,Toronto (Forest Hill South), ON M5P3H8

Toronto (Forest Hill South), ON M5P3H8

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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 remain 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 tenanted, offering strong rental income and attractive holding potential during the development and permitting process. Property is being sold as-is. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions. (id:13843)

Details

MLS #C13077024
Listing TypeFor Sale
StatusActive
Days On Site176
Listing Provided ByHOMELIFE NEW WORLD REALTY INC. | TREVOR LOU

Features

Bed(s)8
Bath(s) 4 Total
SQ Feet2,500
Garage4
BasementY
Story(s)2

Interior

CoolingCentral air conditioning
HeatingNatural gas
AppliancesWater meter
Fireplace Yes / NoYes

Exterior

Foundation DetailsUnknown

Parking

Parking FeaturesAttached Garage, Garage
Parking Total4

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount10429.02

Area Information

ProvinceON
CityToronto (Forest Hill South)
Postal CodeM5P3H8
Listing VS Median (in M5P3H8)
Price:
$2,890,000
low | high
Med:
$2,890,000
50% of Average
sqft:
2,500
low | high
Med:
2,500
50% of Average
$ / sqft:
$1,156
low | high
Med:
$1,156
50% of Average
On site:
176
low | high
Med:
176
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Lindsey DeMelo

Lindsey DeMelo

Sutton Group - Quantum Realty Inc- Brokerage

Broker, (416) 219-1109ldemelo@sutton.com
ProvinceON
CityToronto (Forest Hill South)
Postal CodeM5P3H8
Listing VS Median (in M5P3H8)
Price:
$2,890,000
low | high
Med:
$2,890,000
50% of Average
sqft:
2,500
low | high
Med:
2,500
50% of Average
$ / sqft:
$1,156
low | high
Med:
$1,156
50% of Average
On site:
176
low | high
Med:
176
100% of Average
Sourced by Back At You
Listing Updated: October 27, 2026 at 10:39:35 AM PDT