692 RICHMOND STREET W, Toronto, Ontario, CA

Address: 692 RICHMOND STREET W, Toronto, Ontario

3 Beds4 Baths0 sqftStatus: Buy
Price $2,399,000

Property Overview


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. **** EXTRAS **** 1 car garage off of laneway is currently used as storage. (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Storeys
2
Community Name
Niagara
Title
Freehold
Land Size
25 x 105 FT
Parking Type
Detached Garage
Building
Bedrooms
Above Grade
3
Bathrooms
Total
3
Partial
1
Interior Features
Appliances Included
Window Coverings
Basement Features
Separate entrance, Walk out
Basement Type
N/A
Building Features
Features
Lane
Foundation Type
Unknown
Style
Detached
Building Amenities
Separate Electricity Meters
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Public Transit, Schools, Hospital, Park
Parking
Parking Type
Detached Garage
Total Parking Spaces
1
Land
Other Property Information
Zoning Description
R(d1*869) with four self-contained units
Level Rooms Dimensions
Second level Living room 7.32 m x 6.74 m
Kitchen 3.05 m x 2.29 m
Bedroom 3.54 m x 4.39 m
Other 4.42 m x 6.61 m
Lower level Office 12.2 m x 6.61 m
Other 3.96 m x 6.61 m
Main level Living room 5.85 m x 6.16 m
Kitchen 3.05 m x 4.57 m
Bedroom 2.89 m x 4.26 m
Living room 5.48 m x 4.27 m
Bedroom 5.48 m x 4.27 m
Kitchen 3.96 m x 2.35 m

Features
           Lane            Detached Garage            Window Coverings
           Separate entrance            Walk out            Separate Electricity Meters
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Your Home Finance Calculation

Property Price CA $2,399,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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