Mid-Rise Development Opportunity in the Heart of the Toronto Beaches. Existing Properties with a Total Area of 92.66 x 150 ft on Kingston Rd, Backing Onto Stunning Ravine Setting. Currently Fully Rented, Each Lot Is a Fourplex with a Combined Total of 8 Two-Bedroom Rental Units, with Total Gross Income of $184,272/yr. Incredible Location with TTC Street Car in front, Mins to Queen St & the Beach, Multiple Shops, Parks & Restaurants of Kingston Road Village, Downtown Core and Highways.
Property Type:
Freehold
Freehold Type:
Multiplex
Home Style:
2-Storey
Depth:
150'8"45.9 m
Frontage:
92'8"28.2 m
Exposure:
North
Bedrooms:
8+8
Bathrooms:
8.0
Water supply:
Municipal
Kitchens:
8
Rooms:
24
Heating type:
Water
Heating Fuel:
Gas
Basement:
Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0
Parking Spaces:
8
Total Parking Spaces:
8
Driveway:
Private
Family Room:
N
Possession Details:
TBA
Taxes:
$15,943.94 /
2023
Assessment:
$- /
-
Floor
Type
Size
Other
Main
Living
0'.00 m × 0'.00 m
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Main
Dining
0'.00 m × 0'.00 m
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Flat
Kitchen
0'.00 m × 0'.00 m
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Main
Br
0'.00 m × 0'.00 m
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Main
2nd Br
0'.00 m × 0'.00 m
-
Main
3rd Br
0'.00 m × 0'.00 m
-
2nd
Living
0'.00 m × 0'.00 m
-
2nd
Dining
0'.00 m × 0'.00 m
-
2nd
Kitchen
0'.00 m × 0'.00 m
-
2nd
Br
0'.00 m × 0'.00 m
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2nd
2nd Br
0'.00 m × 0'.00 m
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2nd
3rd Br
0'.00 m × 0'.00 m
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Floor
Ensuite
Pieces
Other
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3
X8
Public Transit, Ravine
East End-Danforth
Fantastic Investment Opportunity. Existing Building Street Addresses are 558/560 Kingston Rd and 562/564 Kingston Rd; Currently Registered as 558 Kingston Rd & 562 Kingston Rd.