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Listed by Re/Max Hallmark Richards Group Realty Ltd..
558-562 Kingston Road is a Multiplex, 2-Storey and is currently for Sale @ $5,998,000. Taxes in 2023 were $15,943.94.
More homes for sale under 6M in Toronto
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. The 2-Storey on 558-562 Kingston Road has 8 bedrooms, 8 bathrooms, and is located on a 150.64 x 91.00 ft lot in the community of East End-Danforth . 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
The address 558-562 Kingston Road was listed for sale (MLS# E8309972) on Monday, May 06, 2024.
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| List Date | List Price | Last Status | Sold Date | Sold Price | Days On Market |
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8+8
8+8
91.00 x 150.64 ft lot
