1563 BATHURST STREET, Toronto (Forest Hill South)

$2,890,000

For sale: Multiplex

Multiplex at 1563 BATHURST STREET, Toronto (Forest Hill South)
Property type
Multiplex
Bedrooms / bathrooms
8 bedrooms, 4 bathrooms
Living area
3,000 sqft
MLS®
MLS® C13077024
Neighbourhood
Forest Hill South

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.

Sold data

Multiplex homes in Toronto (Forest Hill South) — recent sold market

Multiplex homes in Toronto (Forest Hill South) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 34 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.

The median sale price was $1,262,000.

Homes sold for about 5.7% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$1,262,000
Sale-to-list ratio
94.3%
Sold above asking
15%

Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Forest Hill South)

Toronto (Forest Hill South) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Forest Hill South)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1563 BATHURST STREET