$2,175,000
$2,399,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
4 Baths
SOLD DATE : 10/18/2024
Key Details
Sold Price $2,175,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3000-3500
MLS Listing ID C9017771
Sold Date 10/18/24
Style 2-Storey
Bedrooms 3
Annual Tax Amount $6,749
Tax Year 2023
Property Description
Wow, one of the first factories in the Fashion District! Cool factor, check! This 150 year-old classic red brick building with gorgeous stained glass, exposed brick & wood beams, was cleverly converted into four self-contained units. Currently, there are three updated residential apartments. Each have renovated kitchens and baths with incredible windows, character & square footage! There's also a fourth unit that provides an option to easily add value in the 1,515SF unfinished lower level that already has 8'+ ceiling height, large windows and two entrances! A premium 25 by 105 Detached lot abutting two laneways, with over 20 windows on all four exposures of the building, this is a great opportunity for Investors, End-users or Developers alike! Currently the upper unit is a 1,475SF 1 bed, 1 bath, laundry + rooftop deck (tenanted with great tenants). Main (front) is 950SF 1 bed, 1 bath, laundry + front porch (tenanted with great tenants). Main (back) is 540SF + backyard. All with separate entrances and hydro meters! Vacant possession is possible. Endless potential for laneway development, third floor addition (or up to 6-storeys), return to single family "super house", trophy "purpose-built rental", one or two basement apartments, commercial applications in lower level (was a greeting card business), get creative because the sky is the limit! In the new "protected transit zone" allowing for much larger density. Ideally located in one of the best blocks in all of Downtown Toronto on a quiet one-way street in Iconic neighbourhood. Walk in any direction to Downtown's most sought after amenities. Trinity-Bellwoods Park, Queen West, Dundas West, King West, new King/Bathurst Subway, Financial District, Ossington strip, King & Portland, the Lake, Porter Airport and the Highway.
Location
Province ON
County Toronto
Zoning R(d1*869) with four self-contained units
Rooms
Family Room No
Basement Separate Entrance, Walk-Out
Kitchen 3
Interior
Interior Features Separate Hydro Meter, Brick & Beam, Accessory Apartment
Cooling Other
Fireplaces Number 1
Fireplaces Type Wood Stove
Exterior
Garage Lane
Garage Spaces 1.0
Pool None
Roof Type Shingles
Parking Type Detached
Total Parking Spaces 1
Building
Foundation Unknown
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "