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!
| MLS # | C13869372 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 18 |
| Listing Provided By | FREEMAN REAL ESTATE LTD. | C13869372 222000 |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.40 |
| Interior Features | None |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Unknown |
| Construction Materials | Brick |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 16082.84 |
|---|---|
| Tax Legal Description | PLAN 1860 PT LOT 5 PT LOT 6 |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C03 |
| Postal Code | M5P 2X5 |
| Area | Forest Hill South |
| Listing VS Median (in M5P 2X5) | |
Price: $3,999,000 low | high Med: $0 On site: 18 low | high Med: | |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C03 |
| Postal Code | M5P 2X5 |
| Area | Forest Hill South |
| Listing VS Median (in M5P 2X5) | |
Price: $3,999,000 low | high Med: $0 On site: 18 low | high Med: | |