property-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 (id:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $15,944Last Updated
: Fri, May 17, 2024Mls Num
: E8309972Listing Date
: May 6, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.160Sq Ft Raw
: detailsSection.sqft
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Heating
: Forced air, Natural gas
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Sewer
: Sanitary sewer
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Exterior Features
: Brick
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