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469 Richmond Street E, Toronto, ON M5A 1R1

$1,950,000
: 4
BD
: 4
BA
: 1,500
SqFt

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List Price: $1,950,000
MLS#: C14114674
Status: ACTIVE
Type: Single Family Residential
SubType: Semi-Detached
Style: 3-Storey
Bedrooms: 4
Bathrooms: 4
Living Area: 1500-2000
Province: ON
Municipality: Toronto
Area: Toronto
Neighborhood: Moss Park
Subdivision: Richmond St And Berkeley St

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Property Description

Rare Opportunity to Own a Legal Triplex with Exceptional Multi-Use Potential in the Heart of Downtown Toronto! This Charming 3-Storey Victorian Brownstone Semi-Detached Property Offers Approx. 2,900 Sq Ft of Living Space, Featuring 3 Separate Above-Grade Units Plus a Basement with a Separate Entrance. All 3 Above-Grade Units Are Currently Vacant, Offering Outstanding Flexibility for Investors and Owner-Occupiers. The Property Previously Generated Nearly $8,000/Month in Combined Rental Income, Including the Basement (Approx. $96,000 in Historical Annual Gross Income). Ideal for Multi-Generational Living, Owner-Occupancy with Rental Income, or Investment. Potential Live/Work, Office and Commercial Uses Subject to Applicable Zoning, Permits and Municipal Approvals. Bright and Spacious Interiors with Classic Victorian Character, 200-Amp Electrical Service and Copper Plumbing. Prime Downtown Location Near St. Lawrence Market, Distillery District, Shops, Restaurants and Transit, with Convenient Access to the Gardiner Expressway and DVP. A Rare Opportunity to Own a Versatile Downtown Property with Income and Multi-Use Potential!

(416) 919-7107

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Additional Information

Taxes: $11,886
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Rooms: 11
Family Room: Yes
Kitchens: 3
Exterior: Brick
Garage Type: None
Pool: None
Parking Type: None