692 RICHMOND STREET W Toronto

692 RICHMOND STREET W, Toronto, Ontario

$2,399,000

  • 3 Beds
  • 4 Baths

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:56241)

  • Listing ID: C9017771
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Living room Second level 7.32 m x 6.74 m
Kitchen Second level 3.05 m x 2.29 m
Bedroom Second level 3.54 m x 4.39 m
Other Second level 4.42 m x 6.61 m
Office Lower level 12.2 m x 6.61 m
Other Lower level 3.96 m x 6.61 m
Living room Main level 5.85 m x 6.16 m
Kitchen Main level 3.05 m x 4.57 m
Bedroom Main level 2.89 m x 4.26 m
Living room Main level 5.48 m x 4.27 m
Bedroom Main level 5.48 m x 4.27 m
Kitchen Main level 3.96 m x 2.35 m

Details

  • Amenities Nearby: Public Transit, Schools, Hospital, Park
  • Community Features: Community Centre
  • Features: Lane
  • Ownership: Freehold
  • Parking Spaces: 1
  • Transaction: For sale
  • Zoning Description: R(d1*869) with four self-contained units

Building

  • Amenities: Separate Electricity Meters
  • Appliances: Window Coverings
  • BasementType: N/A
  • Basement Features: Separate entrance, Walk out
  • Bedrooms Main Level: 3
  • Construction Style Attachment: Detached
  • Exterior Finish: Brick
  • Fireplace Present: True
  • Fireplace Total: 1
  • Fireplace Type: Woodstove
  • Foundation: Unknown
  • Bathrooms (Half): 1
  • Bathrooms (Total): 4
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Stories Total: 2
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Schools, Hospital, Park
  • Sewer: Sanitary sewer
  • Size Frontage: 25 ft
  • Size Irregular: 25 x 105 FT
MLS®

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 692 RICHMOND STREET W in Toronto Ontario, was last modified on July 8th, 2024. Contact us to schedule a viewing or to find other properties for sale in Toronto.

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