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$ 3,495,000
Est. payment | /mo
5 Baths
$ 3,495,000
Est. payment | /mo
5 Baths
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Municipality Toronto C01
Subdivision Palmerston-Little Italy
MLS Listing ID C12924672
Annual Tax Amount $11,364
Tax Year 2025
Property Sub-Type Land
Property Description
Attention investors and builders-don't miss this exceptional opportunity in the heart of Toronto. This 5,866 sq. ft. lot (46.17x 129) offers strong redevelopment potential for a variety of options, including purpose-built multi-residential. Located along the transit corridor of Bathurst Street and within the Toronto Major Streets Initiative, the City of Toronto identifies this area as having the potential for as-of-right development for apartment buildings up to 6-storeys. Currently, it holds a fully tenanted two-storey building with two units, along with a separate vacant carriage house containing two additional apartment units. The property also offers ample on-site parking with 11 spaces. An exceptional opportunity to invest in a highly sought-after, centrally located neighbourhood close to transit, amenities, and the core of downtown Toronto.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Zoning R (d1.0) (x438)
Interior
Cooling No
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 46.17
Lot Depth 129.0
Others
ParcelsYN No
Virtual Tour https://view.tours4listings.com/530-bathurst-street-toronto/nb/
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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