SIMONA DE LORENZO
Broker
RE/MAX PREMIER INC. INTERNATIONAL BROKERAGE, Brokerage
Independently owned and operated.
1885 WILSON AVE., TORONTO, Ontario M9M1A2
Cell: 647-622-6693Office: 416-743-2000
$5,998,000
Available - For Sale
Listing ID: E8309988
558-562 Kingston Rd , Toronto, M4E 1P9, Ontario
| Truly exceptional opportunity for a future mid-rise development in the heart of the Toronto Beaches! Site plan submitted to City & under review for rezoning for an 8-storey building with 57 units (49 condo, 8 rental) & 21 underground parking spots. Total lot size 91x150 ft with development potential of 37,800 sf (buyer to verify with City). Backs onto beautiful ravine setting (**submitted site plans have been approved by TRCA for the distance of the proposed building to the ravine slope**) Existing lots each currently have a fourplex with a combined total of 8 two-bedroom rental units with total gross income of $184,272/yr. Incredible location with TTC at your doorstep! Short walk to Queen Street and the beach! Just steps to the trendy shops & restaurants of Kingston Road Village! Quick access to the downtown core and highways! |
| Extras: Property Brochure and Site Plans available upon request. Existing building street addresses are 558/560 Kingston Rd and 562/564 Kingston Rd -- registered as 558 Kingston Rd & 562 Kingston Rd |
| Price | $5,998,000 |
| Taxes: | $15943.94 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 558-562 Kingston Rd , Toronto, M4E 1P9, Ontario |
| Postal Code: | M4E 1P9 |
| Province/State: | Ontario |
| Lot Size: | 91.00 x 150.64 (Feet) |
| Directions/Cross Streets: | Kingston Rd & Lee Ave |
| Category: | Apartment |
| Building Percentage: | Y |
| Total Area: | 13562.51 |
| Total Area Code: | Sq Ft |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | N |
| Sewers: | Sanitary |
| Water: | Municipal |
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| RE/MAX HALLMARK RICHARDS GROUP REALTY LTD. |
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SIMONA DE LORENZO
Broker
Dir:
647-622-6693
Bus:
416-743-2000
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | The Beaches |
| Lot Size: | 91.00 x 150.64(Feet) |
| Tax: | $15,943.94 |
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