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$4,700,000
Est. payment /mo
16 Beds
8 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision East End-Danforth
MLS Listing ID E12153489
Style 2-Storey
Bedrooms 16
Annual Tax Amount $17,117
Tax Year 2024
Property Sub-Type Multiplex
Property Description
An exceptional mid-rise development opportunity in the heart of the Toronto Beaches. With a total lot size of 92.66' x 150', backing onto a beautiful ravine setting. Existing lots each currently have a 4-plex with a combined total of 8 two-bedroom rental units, with total gross income of $185,472/yr. Incredible location with TTC at your doorstep! Short walk to Queen Street and the beach, & just steps to the shops & restaurants of Kingston Road Village! Quick and highly convenient access to the downtown core and highways. **Existing building street addresses are 558/560 Kingston Rd and 562/564 Kingston Rd. Currently registered as 558 Kingston Rd & 562 Kingston Rd.
Location
Province ON
County Toronto
Community East End-Danforth
Area Toronto
Rooms
Family Room No
Basement Finished
Kitchen 8
Separate Den/Office 8
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 92.66
Lot Depth 150.64
Total Parking Spaces 8
Building
Unit Features Ravine,Public Transit
Foundation Unknown
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Listed by ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY