205 HEATH STREET W, Toronto (Casa Loma)

$5,490,000

For sale: Detached

Property type

Detached

Bedrooms / bathrooms

4 bedrooms, 3 bathrooms

Living area

100,000 sqft

MLS®

MLS® C13591320

Neighbourhood

Casa Loma

Rare Forest Hill South opportunity! Exceptional approx. 72.10 x 152.37 ft south-facing estate-sized lot located in one of Toronto's most prestigious and sought-after neighbourhoods. A remarkable offering combining location, scale, flexibility and future potential. Shovel ready, all permits issued and paid for, including trees, new hydro service, new water services.Plans and approvals are available for a proposed approximately 8,000 sq ft above-grade transitional residence designed by renowned architect Richard Wengle, complemented by landscape design plans featuring a private swimming pool and cabana. Proposed plans include an approximately 4,200 sq ft lower level, plus Cabana 140 sq ft offering aprox. 12,340 sq ft of proposed total finished living space (buyer to verify all details, measurements, plans and approvals).Significant preliminary work has already been completed, including architectural design, approvals, surveys and associated municipal processes. Deposits have been paid as per Seller, including construction fencing, tree and service disconnect deposits, providing a buyer with the benefit of an opportunity where substantial planning and preparation have already been undertaken. This can help reduce the time and uncertainty typically associated with bringing a custom residence vision from concept to the next stages.The existing large brick residence provides exceptional flexibility - renovate and create your dream home, reno & enjoy the property while planning a future custom residence, maintain as a long-term asset, reno & lease while planning, or explore the many possibilities available with this rare parcel of land.Surrounded by mature trees, prestigious residences, parks and the charm of Forest Hill Village. Steps to boutique shops, restaurants, transit and renowned schools including UCC and walking distance to Bishop Strachan (buyer to verify). An extraordinary opportunity to secure a significant property in one of Toronto's most coveted communities.