Added 1 month ago
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Type: Investment
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Property Type: Commercial
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Business Type: Apts-2 To 5 Units
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Zoning: Residential/Comm
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Age: 100+ years
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Taxes: 7815.4
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MLS®#: C8164238
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Days on Site: 12 Days
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Added: Mar 21, 2024 (1 month ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Property is sold together with vacant lot at 17 Skey Lane. RARELY OFFERED OPPORTUNITY! Attention investors and builders, don't miss this amazing opportunity to obtain a three address site in one of Toronto's most desirable neighbourhoods. Offering endless potential for two detached homes, townhouse, or condo development, or eight purpose built rental units PLUS a detached laneway house! Currently 14/16 Skey Lane offers a four-unit multiplex with 100% lot coverage, while 17 Skey Lane (Currently used for parking) directly across the laneway holds a vacant site prime for a detached laneway house with the potential for a parking space. Projected rent roll for purpose built rentals $501,600 per-annum. Information package with zoning studies and financial breakdown available upon request. Listing also listed as residential freehold MLS #: C8163118.
Extras
Desirable location just steps to Trinity Bellwood's park, public transit, excellent restaurants, patios, and shopping. Taxes TBD.
Property
Status: Sale
Type: Apts-2 To 5 Units
Property Type: Investment
Property Type: Apartment
Age: 100+
Area: Toronto
Community: Trinity Bellwoods
Availability Date: 60-90 Days
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Closd
Elevator: None
Energy Certificate: N
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 3
Fees
Tax Year: 2023
Tax Legal Description: LT 25 PL 1020 CITY WEST S/T INTEREST IN CT778251;
Taxes: $7,815
Expenses: Est
Taxes Type: Annual
Land
Cross Street: Dovercourt & Dundas
Municipality District: Toronto C01
Sewer: Storm
Lot Depth: 45.3 Feet
Lot Frontage: 49.6 Feet
Zoning: Residential/Comm
Commercial Specific
Rail: N
Sprinklers: N
Total Area: 3800
Total Area Metric: Sq Ft
Office Size: 800
Office Size Metric: Sq Ft
Days Open: V
Franchise: N
Tangible Property Included: N
Crane: N
Lot Code: Lot
Survey: Y
Financial Statement: N
LLBO: N
The Grove Community School
Elementary: PublicPope Francis Catholic School
Elementary: CatholicOssington/Old Orchard Junior Public School
Elementary: PublicGivins/Shaw Junior Public School
Elementary: PublicAlexander Muir/Gladstone Ave Junior and Senior Public School
Elementary: PublicDewson Street Junior Public School
Elementary: PublicMsgr Fraser College (Southwest)
Secondary: CatholicWest End Alternative School
Secondary: PublicCentral Toronto Academy
Secondary: PublicParkdale Collegiate Institute
Secondary: PublicSt Mary Catholic Academy Secondary School
Secondary: CatholicHarbord Collegiate Institute
Secondary: Public
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