MLS® listing
1563 Bathurst Street: multiplex for sale
$2,890,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 2500-3000 |
|---|---|
| Style | 2-Storey |
| Basement | Finished, Separate Entrance |
| Lot width | 60 |
| Lot depth | 104.09 |
| Lot measured in | Feet |
| Faces | East |
| Parking spaces | 4 |
| Garage | Attached |
| Heating | Water |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $10,429 |
| Tax year | 2025 |
| Parking | Front Yard Parking |
| Interior features | Water Meter |
Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS® C13077024.
About this multiplex
1563 Bathurst Street is an 8 bedroom multiplex in TRREB's Forest Hill South community in Toronto, listed for sale at $2,890,000. The listing shows 4 bathrooms and 2500-3000 square feet. The style is given as 2-storey. The lot is listed as 60 by 104.09 feet. The listing gives the basement as finished, separate entrance. It comes with 4 parking spaces and an attached garage according to the listing. The nearest main intersection given is Bathurst And St. Clair.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 1563 Bathurst Street
At the asking price of $2,890,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $2,890,000 |
|---|---|
| Ontario land transfer tax | $58,725 |
| Toronto municipal land transfer tax | $58,725 |
| Both taxes | $117,450 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $578,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $10,429 a year, about $869 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as water.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 60 by 104.09 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 1563 Bathurst Street
How much is land transfer tax on 1563 Bathurst Street?
At the asking price of $2,890,000 the Ontario tax is $58,725 and the Toronto tax is $58,725, $117,450 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 1563 Bathurst Street?
$578,000 at the asking price of $2,890,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 1563 Bathurst Street?
The listing shows $10,429 a year for 2025, about $869 a month.
How do I book a showing for 1563 Bathurst Street?
Use the form on this page or call us. Quote MLS® C13077024. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1563 Bathurst Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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