1563 Bathurst Street
1563 Bathurst Street
$2,890,000
69 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $12,591 |
| Property Tax (MLS) | $869 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $13,461 |
Down payment: $578,000 (20.0%) · Mortgage: $2,312,000
Property tax uses MLS annual tax of $10,429/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by HOMELIFE NEW WORLD REALTY INC.
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Data last updated: August 22, 2026 at 10:25 p.m.