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. Pro...posed 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.
Full Property Details
Interior
Bedrooms
6
Bedrooms Plus
2
Total Bedrooms
8
Washrooms
4
Square Footage
2500-3000 sqft
Basement
Finished,Separate Entrance
Heating Source
Gas
Heating Fuel
Water
Air Conditioning
Central Air
Family Room
Yes
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
Yes
Bedrooms
6
Bedrooms Plus
2
Total Bedrooms
8
Washrooms
4
Square Footage
2500-3000 sqft
Basement
Finished,Separate Entrance
Heating Source
Gas
Heating Fuel
Water
Air Conditioning
Central Air
Family Room
Yes
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
Yes
Exterior
Depth
104.09
Front
60.0
Driveway
Front Yard Parking
Lot Size
60 x 104.09 ft
Pool
None
Parking Spaces
4
Total Parking Spaces
4.00
Parking Description
Attached
Garage Spaces
2
Depth
104.09
Front
60.0
Driveway
Front Yard Parking
Lot Size
60 x 104.09 ft
Pool
None
Parking Spaces
4
Total Parking Spaces
4.00
Parking Description
Attached
Garage Spaces
2
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
East
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Multiplex
Property Orientation
East
Exterior Finish
Brick
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Forest Hill South
Community
Forest Hill South
Taxes & Fees
Taxes
$10,429.02 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$10,429.02 /yr
Tax Year
2025
Occupancy
Tenant
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