783 Spadina Road, Toronto
783 Spadina Road in Toronto - 8 bedroom, 4 bathroom. Listed at $4,500,000.
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!
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 4250 sqft
- Basement: Full
- Heating: Gas
- Cooling: Wall Unit(s)
- Parking: 8 spaces
- Property Taxes: $16,082.84/yr
- Neighbourhood: Forest Hill South
- Postal Code: M5P 2X5
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