692 Richmond Street W, Toronto
- Bedrooms: 3
- Bathrooms: 4
- Type: Residential
- Added: 88 days ago
- Updated: 53 days ago
- Last Checked: 31 days ago
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.
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Property Details
- Heating: Baseboard heaters, Electric
- Stories: 2
- Structure Type: House
- Exterior Features: Brick
- Foundation Details: Unknown
Interior Features
- Basement: Separate entrance, Walk out, N/A
- Appliances: Window Coverings
- Bedrooms Total: 3
- Fireplaces Total: 1
- Bathrooms Partial: 1
- Fireplace Features: Woodstove
Exterior & Lot Features
- Lot Features: Lane
- Water Source: Municipal water
- Parking Total: 1
- Parking Features: Detached Garage
- Building Features: Separate Electricity Meters
- Lot Size Dimensions: 25 x 105 FT
Location & Community
- Directions: Queen / Bathurst
- Common Interest: Freehold
- Street Dir Suffix: West
- Community Features: Community Centre
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Annual Amount: 6749.05
- Zoning Description: R(d1*869) with four self-contained units
Room Dimensions
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