**Power of Sale** Very rare, special 7-unit investment property with a rich history! Located in the Beaches neighbourhood, directly overlooking Lake Ontario! The home has long been named, Chateau de Quatre Vents (Castle of the Four Winds) and was originally designed by the renowned architect who is known for Casa Loma and Old City Hall. This castle-themed house has been creatively divided into 7 self-contained units, each with separate hydro. 3 units are rentable and 4 units are currently under renovation with plumbing and electrical completed, ready for finishing. There are five 2-bedroom and two 1-bedroom suites with a projected gross income of $350k once completed. While the address is on Queen Street, the mansion is set back 100 feet from the street, perched atop the low bluff facing the lake, with stunning lake views from most windows. Hidden from the street with access from a walkway from Queen Street or through the winding driveway on Rockaway Crescent. The property holds a Heritage designation under the Ontario Heritage Act and has an irregular lot (buyer to verify lot dimensions and lot lines). Property being sold under Power of Sale in as-is/where-is condition without any warranty from the Seller. Do NOT walk the property without an appointment.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2 1/2 Storey
Total Approx Floor Area:
5000 +
Lot Size:
.50-1.99
Depth:
225'68.6 m
Frontage:
70'21.3 m
Lot Shape:
Irregular
Direction Faces:
South
Bedrooms:
9+4
Bathrooms:
9.0
Water supply:
Municipal
Kitchens:
7
Kitchens in Basement:
1
Bedrooms Above Grade:
9
Bedrooms Below Grade:
4
Kitchens Above Grade:
6
Rooms Above Grade:
25
Rooms Below Grade:
6
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Brick
Roof:
Asphalt Shingle
Basement:
Apartment
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Right Of Way
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
TBD
Lot Irregularities:
See attached survey
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$16,550 /
2024
Assessment:
$- /
-
Toronto E06
Birchcliffe-Cliffside
Toronto
Beach, Clear View, Cul de Sac/Dead End, Lake/Pond, Waterfront
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