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$3,999,000
Est. payment /mo
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500 - 5000
Subdivision Forest Hill South
MLS® Listing ID C13869372
Bedrooms 8
Property Sub-Type Freehold
Property Description
Attention Investors, Developers & Builders. An extraordinary opportunity in one of Toronto's most coveted neighbourhoods, Forest Hill South. Ideally positioned within a Priority Major Transit Station Area, this exceptional property offers significant future residential intensification potential. Set on a sprawling 60 ft x 293 ft lot, the property is uniquely positioned overlooking Toronto's famed Beltline Trail, with frontage on a designated major street supporting increased density. Development precedent has already been established on the street, with neighbouring properties successfully permitted for redevelopment. 783 Spadina offers a rare opportunity to acquire a 60-foot-wide parcel with exceptional depth, located within approximately 200 metres of the Caplin LRT Station, Eglinton shops, parks, top-ranked schools, transit and first class amenities. Currently configured as a turn-key legal fourplex, the property features four renovated 2-bedroom, 1-bathroom suites, along with garage and surface parking. This provides immediate income potential while allowing investors to explore the property's longer-term redevelopment possibilities. A rare opportunity to secure a substantial development parcel in a highly sought-after Toronto neighbourhood-an ideal hold today with the potential to create a generational long term investment. Don't Miss Out! (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 4.95 m X 4.18 m Living room
Extra Room 2 Second level 4.18 m X 3.19 m Dining room
Extra Room 3 Second level 4.18 m X 2.08 m Kitchen
Extra Room 4 Second level 4.18 m X 2.73 m Bedroom
Extra Room 5 Second level 4.25 m X 3.5 m Bedroom
Extra Room 6 Second level 5.01 m X 4.16 m Living room
Interior
Cooling Wall unit
Flooring Laminate
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 8
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold
Nearby Locations
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