Home / Listings

1563 Bathurst Street, Toronto C03, ON M5P 3H8 — $2,890,000 | Paul Nusca Real Estate

All Photos · 12

1563 Bathurst Street, Toronto C03, ON M5P 3H8

Forest Hill South · M5P 3H8

$2,890,000

MLS® #C13077024

Bedrooms (6+2)

Bathrooms

2500-3000

Sq Ft

About This Property

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.

General Information

Property Type: Residential Freehold
Subtype: Multiplex
Transaction: For Sale
Architectural Style: 2-Storey
Status: Active

Building & Mechanicals

Foundation: Unknown
Construction: Brick
Heating: Water
Heating Fuel: Gas
Cooling: Central Air
Sewer: Sewer

Basement

Basement: Finished, Separate Entrance

Parking & Garage

Total Parking: 4
Parking Spaces: 2
Garage Type: Attached
Parking Features: Front Yard Parking

Lot & Land

Frontage: 60'
Depth: 104.09'

Interior Features

Features

Water Meter

Pool

None

Taxes

Annual Tax: $10,429
Tax Year: 2025

Mortgage Calculator

Home Price

Down Payment %

Rate %

Amortization (years)

Estimated monthly payment

$14,198

Down payment: $578,000 · Loan: $2,312,000

Estimate only. Actual rates and payments vary by lender.

Listing Information

Last Updated: May 4, 2026

Listing courtesy of:

HOMELIFE NEW WORLD REALTY INC.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: May 4, 2026.

Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.