558-562 Kingston Rd, Toronto, Ontario M4E 1P9
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Highlights
Est. Mortgage$25,759/mth
Tax Amount (2023)$15,944/yr
Description
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!
Property Details
Interior
Features
Flat Floor
Living
0.00 x 0.00Dining
0.00 x 0.00Kitchen
0.00 x 0.002nd Br
0.00 x 0.00Exterior
Features
Parking
Garage spaces -
Garage type -
Other parking spaces 8
Total parking spaces 8
Property History
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