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$4,500,000
Est. payment /mo
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Municipality Toronto C03
Subdivision Forest Hill South
MLS Listing ID C13816452
Style 2-Storey
Bedrooms 8
Annual Tax Amount $16,082
Tax Year 2025
Property Sub-Type Detached
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!
Location
Province ON
County Toronto
Community Toronto C03
Area Toronto
Rooms
Basement Full, Separate Entrance, Partially Finished
Kitchen 4
Interior
Interior Features None
Cooling Wall Unit(s)
Exterior
Parking Features Attached
Garage Spaces 4.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 8
Building
Foundation Unknown
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Lited by FREEMAN REAL ESTATE LTD.
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