About this property

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.

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	C13077024
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,500 sq ft
Beds / Baths	8 bed · 4 bath
Neighbourhood	Forest Hill South
City	Forest Hill / Deer Park
Postal Code	M5P 3H8
Province	ON
Listed Date	May 4, 2026
Days on Market	94
Price per Sq Ft	$1,156
Brokerage	HOMELIFE NEW WORLD REALTY INC.