C$3,450,000

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.** (id:41202)