For sale

692 Richmond St W

Niagara, Toronto, Ontario

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Bedrooms

3

Bathrooms

4

Parking

1

Price

$2,399,000

MLS© ID

C9017771

Approx. Age

N/A

Listed Since

July 8th, 2024

Exterior

Brick,

Air Conditioning

Other

Heating

Baseboard

Pool

None

Type

Detached

Aprox. sq. footage

3000-3500

Taxes

$6,749

Style

2-Storey

Garage

Detached

Basement

Sep Entrance

Fireplace

Yes

Lot Size

25.00 x 105.00 Feet

Type Level Dimensions
Br 2nd 3.54x4.39
Kitchen 2nd 3.05x2.29
Living 2nd 7.32x6.74
Other 2nd 4.42x6.61
Office Lower 12.20x6.61
Other Lower 3.96x6.61
Br Main 2.89x4.26
Br Main 5.48x4.27
Kitchen Main 3.05x4.57
Kitchen Main 3.96x2.35
Living Main 5.85x6.16
Living Main 5.48x4.27

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.

Extras: 1 car garage off of laneway is currently used as storage.

Amenities & Features

Type: Detached

Features: Hospital, Park, Public Transit, Rec Centre, School,

Brokerage: HARVEY KALLES REAL ESTATE LTD.

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