Active
692 Richmond St W
Toronto Ontario, M6J 1C5
C$2,399,000
Active
3 Beds
4 Baths
Residential
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.
C9017771
MLSⓇ ID
October 4, 2024
Updated
Map
692 Richmond St W
Toronto Ontario, M6J 1C5
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
4
Fireplace
Yes
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
0.06 Acres
Lot Features
Hospital, Park, Public Transit, Rec Centre, School
Sewer
Sewers
Other Property Details
Area Name
Niagara
Taxes
$6,749
Tax Frequency
Annually
Garage
Yes
Garage Spaces
1
Parking
Detached
Parking Total
1
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Pool Features
None
Zoning
R(d1*869) with four self-contained units
Courtesy of Listed by , HARVEY KALLES REAL ESTATE LTD.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 1:49 AM UTC, 10/4/2024