Attention investors and builders-don't miss this exceptional opportunity in the heart of Toronto. This 5,866 sq. ft. lot (46.17x 129) offers strong redevelopment potential for a variety of options, including purpose-built multi-residential. Located along the transit corridor of Bathurst Street and within the Toronto Major Streets Initiative, the City of Toronto identifies this area as having the potential for as-of-right development for apartment buildings up to 6-storeys. Currently, it holds a fully tenanted two-storey building with two units, along with a separate vacant carriage house containing two additional apartment units. The property also offers ample on-site parking with 11 spaces. An exceptional opportunity to invest in a highly sought-after, centrally located neighbourhood close to transit, amenities, and the core of downtown Toronto.