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 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
City: Toronto
Neighborhood: East End-Danforth
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jan 16, 2024 | 105 | $7,000,000 | N/A | Expired | E7403402 |
Located at 558-562 Kingston Rd , this Toronto house was listed for $5,749,000. This house's size is 91.00 x 150.64 Feet. It has 8 bedrooms and 8 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Br, 2nd Br. This property comes with 8 parking spots. 558-562 Kingston Rd, Toronto is situated in the East End-Danforth neighbourhood.
MLS#: E8309972 · $5,749,000 · 8 bedroom house in East End-Danforth, Toronto