Jones Lang LaSalle Real Estate Services, Inc. is pleased to offer for sale 1677-1679 Bathurst Street & 73-75 Elderwood Drive, Toronto, ON (the “Property” or the “Site”), an exceptional opportunity to acquire a premier 0.53-acre (“AC”) development site in the affluent Forest Hill neighborhood. The Property is located at the southeast corner of Bathurst Street and Elderwood Drive, positioned in proximity to the future Forest Hill LRT Station. The previously approved project consists of a four (4) storey residential development project totalling 50,041 square feet (“SF”) of gross floor area (“GFA”) across 45 residential units. Prospective investors can execute on the existing approvals or take advantage of new favourable planning policies and explore the prospect of adding significant additional density. The Property is located within Toronto’s affluent Forest Hill neighbourhood, where some of the city’s wealthiest families reside. With an average annual household income of approximately $265,700, the surrounding neighbourhoods of Forest Hill, South Hill, Casa Loma, Summerhill, Rosedale, Deer Park, and Moore Park are home to some of the most sought-after residential real estate in the country. Forest Hill is characterized as a family-friendly neighbourhood, proximate to Downtown Toronto, and offers access to an abundance of prestigious schools, green space, and amenities.The Property is situated along Bathurst Street, providing vehicular connectivity throughout Toronto. The Site is strategically located near what will be the new Forest Hill station, along the long-awaited Eglinton Crosstown LRT. In addition, the Site is near St. Clair West station on TTC Line 1 Yonge-University, providing easy connectivity to downtown Toronto and beyond. Furthermore, the Property is situated 1.4 KM away from Allen Road, providing easy access to the 400-series highway network.