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Key Facts
Key facts for 558-562 Kingston Rd
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 8 parking
MLS #
E8309972
Size
-
Basement
Finished
Listed on
2024-05-06
Lot size
91 x 150.64
Tax
$15,943.94 /yr
Days on Market
515
Approximate Age
-
Maintenance Fee
-
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! **** Extras **** 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
