An exceptional mid-rise development opportunity in the heart of the Toronto Beaches. With a total lot size of 92.66' x 150', backing onto a beautiful ravine setting. Existing lots each currently have a 4-plex with a combined total of 8 two-bedroom rental units, with total gross income of $185,472/yr. Incredible location with TTC at your doorstep! Short walk to Queen Street and the beach, & just steps to the shops & restaurants of Kingston Road Village! Quick and highly convenient access to the downtown core and highways. **Existing building street addresses are 558/560 Kingston Rd and 562/564 Kingston Rd. Currently registered as 558 Kingston Rd & 562 Kingston Rd.
Address
558-562 Kingston Road
List Price
$4,700,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Toronto E02
Sub-Area
East End-Danforth
County
Toronto
Bedrooms
8 + 8
Bathrooms
8
Floor Area
5000 + Sq. Ft.
Lot Depth
150.64
Lot Size Units
Feet
Lot Width
92.66
MLS® Number
E12153489
Listing Brokerage
ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Basement Area
Finished
Postal Code
M4E 1P9
Parking
Private
Parking Places (Total)
8
Tax Amount
$17,117.00
Tax Year
2024
Interior Features
Other
Property Features
Ravine, Public Transit
Heat Source
Gas
Heat Type
Water
Cooling Features
None
Construction Materials
Brick
Direction Faces
North
Foundation Details
Unknown
Garage Type
None
Kitchens Total
8
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer