8-Bedroom Residence in Toronto 783 Spadina Road
8 bed · 4 bath · 3,500+ sq ft · lot 60 x 293 FT
$3,999,000
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! (id:66639)
Property information
- Asking price
- $3,999,000
- Bedrooms
- 8
- Bathrooms
- 4
- Above grade
- 3,500+ sq ft
- Approx. asking $/sq ft
- $1,143 or less
- Lot
- 60 x 293 FT
- Acreage
- 0.4 acres
- Parking
- 8 spaces
- Property tax
- $16,083 / yr
- Basement
- Partially finished, Full, Separate entrance
- MLS®
- C13869372
783 Spadina Road, Toronto · MLS® C13869372 · Courtesy of FREEMAN REAL ESTATE LTD.