558-562 Kingston Rd Toronto, ON M4E 1P9
Listing Courtesy of: TORONTO IDX / Re/Max Hallmark Richards Group Realty Ltd.

  558-562 Kingston Rd Toronto, ON M4E 1P9

Active
$5,998,000
16
BED
8
BATH
See Similar Listings

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!

MLS®:
E8309972
Taxes
$15,944(2023)
Type
Multifamily
Style
2-Storey
Community
East End-Danforth

Listed By

Re/Max Hallmark Richards Group Realty Ltd.
Source
TORONTO IDX
Last checked May 19 2024 at 9:00 AM EDT
Bathroom Details
Interior Features
  • 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
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Finished
Exterior Features
  • Brick
Utility Information
  • Sewer: Sewers
  • Fuel: Gas
Garage
  • None
Location
Map View | Street View
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time
Powered by Walk Score®
Disclaimer: Copyright 2024 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/19/24 02:00

CENTURY 21 Canada

About Us

Terms & Conditions

Privacy Policy

Blog Terms & Conditions

 

Info & Services

Contact Us

Find An Agent

Find A Home

Blog

FOLLOW US

C21_Seal_RelentlessGold_4C

Century 21 Canada Limited Partnership currently has franchise opportunities available in select markets across Canada. The intent of this communication is for informational purposes only and is not intended to be a solicitation to anyone under contract with another real estate brokerage organization. CENTURY 21® is a registered trademark owned by Century 21 Real Estate LLC, used under license. Each office is independently owned and operated. ®(™) Registered trademarks of Century 21 Real Estate LLC used under license.

The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2022 MoxiWorks