
Listed For $2,890,000
Added 6 months ago
6+2 Beds
4 Baths
2500-3000 sq. ft.
2 Garages
Multiplex
$10,429 Tax / yr
6+2
Bedrooms
4
Bathrooms
2
Garages
2500-3000
sq. ft.
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This property in Forest Hill South presents a development opportunity with approved severance and minor variances for four residential lots, each designated for three-storey semi-detached dwellings.
The approvals are contingent upon meeting specific servicing and municipal requirements, and include relief for increased floor space index, reduced setbacks, and enhanced building envelopes.
The property is currently fully tenanted, generating approximately $8,000 per month in rental income, offering interim holding income.
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Census area 35204866; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.