$5,998,000
Status: For Sale
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 Type | :Residential |
| MLS Number | :E8309972 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :06 May, 2024 (12 Days ago) |
| Area | :Toronto |
| Community | : East End-Danforth |
| Postal Code | : M4E 1P9 |
| Source | :TRREB |
| Price | :$5,998,000 |
| Property Taxes | :$15943.94 |
| Tax Year | :2023 |
| Bedrooms | :8 + 8 |
| No. of Rooms | :24 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Kingston Rd & Lee Ave |
| Bathrooms | :8 |
| Fuel | :Gas |
| Fireplace/Stove | :No |
| Living | :0.00 m x 0.00 m |
| Kitchen | :0.00 m x 0.00 m |
| 2nd Br | :0.00 m x 0.00 m |
| Dining | :0.00 m x 0.00 m |
| Br | :0.00 m x 0.00 m |
| Exterior Finish | :Brick |
| Internet | :Yes |
| Parking Space | :8 |
| Basement | :Finished |
| Garage | :None |
| Public Transit | :No |
| School | :No |
06 May, 2024
TREB #E8309972
Listed
$5998000.0
558-562 Kingston Rd brings to you its latest residential development at a prime location in Toronto, Ontario.
RE/MAX HALLMARK RICHARDS GROUP REALTY LTD. presents 558-562 Kingston Rd to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 5,998,000. 558-562 Kingston Rd is the most luxurious Resedential nestled in East End-Danforth, Toronto, Ontario Canada. 558-562 Kingston Rd development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Multiplex are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 558-562 Kingston Rd embody modern sophistication combined with the charm of the classic.
The residents at 558-562 Kingston Rd can enjoy exclusive access to an array of top-notch area size sqft. Wait there’s more! 558-562 Kingston Rd also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 8+8 beds, 8 baths.
Square Yards is offering Cashback amount of $29,990 on Booking the inventory, the project is live since 12 Days, there is No change in Price . Toronto Real Estate offers mls multiple listing service from the real estate board of Toronto. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
