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692 Richmond Street W Toronto, Ontario M6J 1C5

3 Bedroom 4 Bathroom
Fireplace Baseboard Heaters

$2,399,000

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:50787)

Property Details

MLS® Number C9017771
Property Type Single Family
Community Name Niagara
Amenities Near By Public Transit, Schools, Hospital, Park
Community Features Community Centre
Features Lane
Parking Space Total 1

Building

Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Total 3
Amenities Separate Electricity Meters
Appliances Window Coverings
Basement Features Separate Entrance, Walk Out
Basement Type N/a
Construction Style Attachment Detached
Exterior Finish Brick
Fireplace Present Yes
Fireplace Total 1
Fireplace Type Woodstove
Foundation Type Unknown
Half Bath Total 1
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Public Transit, Schools, Hospital, Park
Sewer Sanitary Sewer
Size Depth 105 Ft
Size Frontage 25 Ft
Size Irregular 25 X 105 Ft
Size Total Text 25 X 105 Ft
Zoning Description R(d1*869) With Four Self-contained Units

Rooms

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

https://www.realtor.ca/real-estate/27141763/692-richmond-street-w-toronto-niagara

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