1563 Bathurst Street, Toronto, ON M5P 3H8, Toronto C03, ON
Bed 8
Bath 4
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 Highlights
For Sale
MLS NO.
C13077024
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
8
Bathrooms
4
Parking
4.0
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C13077024
Living Area Range
2500-3000
Total Bedrooms
8
Bedrooms Above Grade
6
Bedrooms Below Grade
2
Total Bathrooms
4
Total Kitchens
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Rooms Above Grade
10
Rooms Below Grade
2
Interior Features
Water Meter
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
60.0
Parking Features
Front Yard Parking
Parking Total
4.0
Covered Spaces
2.0
Garage Type
Attached
Garage
Yes
Pool
None
Direction Facing
East
Cooling
Central Air
Heat Source
Gas
Heat Type
Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
1563 Bathurst Street, Toronto, ON M5P 3H8
City
Toronto C03
Neighbourhood
Forest Hill South
County / Region
Toronto
Province / State
ON
Postal Code
M5P 3H8
Cross Street
Bathurst And St. Clair
Directions
Lonsdale Rd, East of Bathurst St
List Price
$2,890,000
Annual Taxes
$10,429
Tax Year
2025
Legal Description
Pt Lt 59 Pl 1688 Forest Hill As In Ct163952
Possession Type
Flexible
Possession Details
TBD
Listing Office
HOMELIFE NEW WORLD REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-04T13:09:15Z
Media Updated
2026-05-04T13:09:15Z
Photos Updated
2026-05-04T13:09:15Z
Last Modified
2026-05-04T13:09:15Z
System Modified
2026-05-04T13:09:15.22175Z
MLS Status
New
Architectural Style
2-Storey
Basement
Finished, Separate Entrance
Co List Office Name
HOMELIFE NEW WORLD REALTY INC.
Ddfyn
Yes
Expiration Date
2026-11-02
Foundation Details
Unknown
Heat Source Multi
Gas
Heat Type Multi
Water
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
104660038
Parking Spaces
2
Public Remarks
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.
