$4,099,000
Available - For Sale
Listing ID: E9364064
3025 Queen St East , Toronto, M1N 1A5, Ontario
| Very rare, special 7-unit investment property with a rich history! Located in the Beaches neighbourhood, directly overlooking Lake Ontario! The home has long been named, Chateau de Quatre Vents (Castle of the Four Winds) and was originally designed by the renowned architect who is known for Casa Loma and Old City Hall. This castle-themed house has been creatively divided into 7 self-contained units, each with separate hydro. 3 units are rentable and 4 units are currently under renovation with plumbing and electrical completed, ready for finishing. There are five 2-bedroom and two 1-bedroom suites with a projected gross income of $350,760 once completed. While the address is on Queen Street, the mansion is set back 100 feet from the street, perched atop the low bluff facing the lake, with stunning lake views from most windows. Hidden from the street, access is through a walkway from Queen Street or through the winding driveway on Rockaway Crescent. The property holds a Heritage designation under the Ontario Heritage Act and has an irregular lot (buyer to verify lot dimensions). Being sold as-is/where is and is ready for your finishes. Do NOT walk the property without an appointment. |
| Price | $4,099,000 |
| Taxes: | $16550.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 3025 Queen St East , Toronto, M1N 1A5, Ontario |
| Postal Code: | M1N 1A5 |
| Province/State: | Ontario |
| Legal Description: | PT LT 5 PL 1085 AS AMENDED BY PL 1117 SC |
| Lot Size: | 70.00 x 225.00 (Feet) |
| Directions/Cross Streets: | Fallingbrook & Lake Ontario |
| Category: | Apartment |
| Building Percentage: | Y |
| Total Area: | 21549.33 |
| Total Area Code: | Sq Ft |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | N |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK RICHARDS GROUP REALTY LTD. |
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Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Birchcliffe-Cliffside |
| Lot Size: | 70.00 x 225.00(Feet) |
| Tax: | $16,550 |
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