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562 Kingston Rd

Kingston Rd, East End, Toronto, ON, M4E 1P9

16
Beds
8
Baths
$5,998,000
List Price
Details
Photos
7
Comparables
History
562 Kingston Rd, Toronto, ON - 1 of 3
562 Kingston Rd, Toronto, ON - 2 of 3
562 Kingston Rd, Toronto, ON - 3 of 3
New
14 days on market

Quick Summary

  • Exceptional opportunity for mid-rise development
  • Submitted site plans approved by TRCA
  • Existing fourplex with 8 two-bedroom rentals
  • Incredible location with TTC at doorstep
  • Short walk to Queen Street and the beach
  • Steps to trendy shops & restaurants
  • Quick access to downtown core and highways
  • Total lot size of 91x150 ft

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... Show More

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

Property Details

Size

Sq. Ft. Not Available
5 total rooms
16 Beds
8 Above Grade - 8 Below Grade
8 Baths

Parking

8 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
None

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Rooms

Living

0′ x 0′

Dining

0′ x 0′

Kitchen

0′ x 0′

Br

0′ x 0′

2nd Br

0′ x 0′

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$15,943.94

Source

Listing Brokerage

MLS® Listing
E8309972
Last Updated
May 6, 2024
Brokerage
RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Call us 800-591-0566

Book A Private Showing

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