C$3,450,000

Rare Forest Hill Investment & Development Opportunity. Positioned on one of Toronto's most prestigious residential corridors, 380 Spadina Road offers an exceptional combination of immediate rental income, substantial land value, and long-term redevelopment potential. Located just north of Casa Loma, this prominent property is currently improved with a substantial seven-bedroom residence and is fully tenanted, providing income from day one while future plans take shape.Set behind a distinguished grey stone and red brick façade, the property delivers impressive street presence, mature landscaping, and the character expected of this coveted Forest Hill setting. Investors can maintain the existing income-producing asset, while future opportunities may include a luxury estate conversion, enhancement of the existing residence, redevelopment of the carriage house for additional income, or a larger-scale redevelopment strategy, subject to approvals. With strong frontage, an established executive neighbourhood, and proximity to transit, premier schools, parks, Casa Loma, downtown Toronto, and the city's financial and cultural districts, the property offers both strategic flexibility and enduring location value.An increasingly rare opportunity to secure a prominent Forest Hill property where income, land, location, and future potential converge. (id:41202)