Forest Hill South · Toronto
$6,500,000
The scan
Two-building multifamily investment with 18 residential suites; described as 'well-maintained, income producing asset' with strong rental fundamentals.
Tenanted and legal from day one, so the upside sits in the rent roll instead of the shovel.
- Lot 36.6 m x 39.1 m (120'-2" x 128'-2")
- Investment
The by-law's answer for this lot
We resolved this parcel's zoning, the site-specific exceptions registered against it, and the building forms the by-law permits without a rezoning. Every number below traces to by-law text we hold on file, and we re-check it against the City's register nightly.
Zone
Site exception
As-of-right form
As-of-right envelope
Severance
Still to verify on this parcel
None of these can be settled from records alone. Any one of them changes what this lot can hold.
- The front yard setback is averaged against the neighbouring houses, so it depends on buildings that have to be measured on site
- Which lot coverage rule governs here, which sets how much of the lot the buildings can sit on
- Whether an apartment building could be argued here, which the by-law does not allow without a rezoning
- Lot dimensions and area against a current survey, not the listing sheet
- Easements, rights of way and restrictive covenants registered on title
And more, depending on what the site turns up.
Have TESA check this lot properlyZoning scan 2026-08-25
A quick pass over the mapped layers, kept here for comparison. Where it disagrees with the zoning answer above, go with the zoning answer.
What you are buying, and what is left unused
The building is the asset here, so the numbers lead with what it costs per existing foot and per unit. The as-of-right envelope follows as unused permission: where it runs well ahead of what is standing, there is room to add without buying more land.
Lot area
Storeys
Height limit
Permitted envelope
Zone
Zone max. units
The zoning label carries a density figure, but floor space index does not apply to a detached or semi-detached houseplex (By-law 648-2025). No lot-coverage cap resolved here either, so quoting an envelope would mean applying a standard that does not govern this building type. What actually caps the building is setbacks and building depth, which a TESA scan resolves from the by-law.
Add a garden suite
By-law 849-2025 s.11A garden suite is a separate allowance, not counted into the main building's floor area. Its own cap is 60 m² over one storey or 120 m² over two. With a suite on the lot, coverage follows one of two by-law options, and which one is the applicant's choice.
Garden suite: 120 m² (1,292 ft²), 6.3 m tall, 7.5 m from the main building
Option A · all buildings at 45%
- Main building
- 1,752 m² (18,854 ft²)
- Main plus suite
- 1,872 m² (20,145 ft²)
Option B · main on the overlay, ancillary at 20%
- Main building
- Not available for this lot
- Main plus suite
- Not available for this lot
The main building has no coverage cap under Option B here, so its size is set by setbacks rather than a percentage.
The rest of this listing
Photos and the brokerage's own write-up need a sign-in.
What TESA makes of this lot, what the by-law allows on it, and the asking price are all above. What the listing brokerage published sits behind a text message, and a Canadian mobile number is the whole login.
Behind the sign-in
- Every photo on the listing
- The brokerage's full description
- The complete facts grid
- Open house times
- The virtual tour
- The location map
Listing courtesy of COLLIERS.
This information is provided by the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate by PropTx.
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.
Listing updated Jul 24, 2026, 12:52 PM ET · Source: Toronto Regional Real Estate Board