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380 Spadina Road, Forest Hill South M5P 2V9

Price

$3,450,000

Bedrooms

5 Beds

Bathrooms

3 Baths

Size

3000-3500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$8432

Description

PRIME FOREST HILL DEVELOPMENT OPPORTUNITY | LAND VALUE | INCOME IN PLACE Positioned along one of Toronto's most distinguished residential corridors, 380 Spadina Road represents a rare opportunity to acquire a substantial property in the heart of Forest Hill, just north of Casa Loma. Offering a combination of **prominent frontage, established residential surroundings, existing rental income, and future development potential**, this property is ideally suited to developers, investors, and strategic land buyers.The existing seven-bedroom residence is fully tenanted, allowing an investor to generate income while evaluating the property's highest and best future use. The site presents a range of possibilities, from retaining and repositioning the existing structure to exploring redevelopment, additional residential density, or a potential land assembly strategy with neighbouring properties, all subject to municipal approvals.The property's location is a key asset, surrounded by executive homes and established infrastructure with convenient access to transit, top private and public schools, parks, Casa Loma, downtown Toronto, and the city's major employment and cultural centres. For developers seeking **scarce land in an established Toronto neighbourhood**, or investors looking for a strategic long-term hold with multiple exit strategies, 380 Spadina Road offers an exceptional opportunity to secure a prominent Forest Hill asset with meaningful future upside.**A rare acquisition where location, land, income, and redevelopment potential come together.**

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$13,597 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,760,000

Total Interest Payments

$1,701,709

Total Payment (Principal + Interest)

$4,461,709

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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