MLS® C13077024 · Listed by HOMELIFE NEW WORLD REALTY INC. Source: TRREB MLS®. THE AGENCY does not represent this listing.
$2,890,000
Multiplex for sale · 6+2 bed · 4 bath
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 remain 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 tenanted, offering strong rental income and attractive holding potential during the development and permitting process. Property is being sold as-is. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions.