Gurvinder Nokwal REALTOR®
For Sale Multiplex 167 days on market

$2,890,000

Est. payment $12,796/moCalculate yours

1563 Bathurst Street, Toronto, ON M5P 3H8

Forest Hill South, Toronto, ON M5P 3H8

  • 6 + 2 Beds
  • 4 Baths
  • 2 Garage
  • 2,500 Sq Ft
Map

Listing courtesy of HOMELIFE NEW WORLD REALTY INC. MLS® C13077024

About this home

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 details

Overview

Property Type
Multiplex
Style
2-Storey
For
For Sale
Status
New
Size
2,500 sqft

Interior

Bedrooms
6 + 2
Bathrooms
4
Kitchens
2
Basement
Finished, Separate Entrance

Building & Systems

Heating
Water (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
60 x 104.09 Feet
Parking
Attached garage · 4 total

Financial

Property Taxes
$10,429 (2025)

Location

Neighbourhood
Forest Hill South
Cross Street
Bathurst And St. Clair
Direction Faces
East

Listing

MLS® Number
C13077024
Days on Market
167
Listed On
2026-05-04
Possession
TBD
Listed By
HOMELIFE NEW WORLD REALTY INC.

Features

Interior

  • Water Meter

Pool

  • None
Rental items
Hot Water Tank

Mortgage calculator

Minimum for this price: $578,000 (20%)

Amortization, years

Estimated mortgage payment

$12,796 per month

Principal and interest
$12,796
Property tax
$869
Estimated monthly cost
$13,665

Your mortgage

Mortgage amount
$2,312,000
Mortgage insurance
Not needed
Interest over 25 years
$1,526,888

Cash to close

Down payment
$578,000
Land transfer tax (Ontario + Toronto)
$117,450
Total, before legal fees
$695,450
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

1563 Bathurst Street, Toronto, ON M5P 3H8 Forest Hill South, Toronto, ON M5P 3H8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,890,000 1563 Bathurst Street, Toronto, ON M5P 3H8
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