$2,399,000
FOR SALE

Detached 2-Storey

Bedrooms: 3Bathrooms: 4Lot: 25 x 105 ft
2023 Taxes: $6,749.05

692 Richmond St W
Toronto, ON M6J 1C5 | Niagara

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.
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Listed By HARVEY KALLES REAL ESTATE LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9017771
Last Updated Jul 18, 2024
Property Summary
Property Type Detached

More like this:
PIN 212430093
Legal Description LT 14 PL 91 TORONTO; PT LT 13 PL 91 TORONTO; CITY OF TORONTO
Possession Date Flexible
Taxes (2023) $6,749.05
Directions/Cross Streets Queen / Bathurst
Neighbourhood Niagara
Area Toronto
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On N
Link N
Property Features Hospital, Park, Public Transit, Rec Centre, School
Special Designations Unknown
Bedrooms 3
Bathrooms 4
Rooms 12+5
Kitchens 3
Lot 25 x 105 ft
Approximate Square Footage 3000-3500
Exterior Brick
Elevator N
Air Conditioning Other
Family Room N
Fireplace/Stove Y
Pool None
Basement Sep Entrance, W/O
Drive Lane
Garage Spaces 1.0
Garage Type Detached
Parking Spaces 1
Total Parking Spaces 1.0
Heat Source Electric
Heat Type Baseboard
Sewers Sewers
Water Municipal
Zoning R(d1*869) with four self-contained units
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
LivingMain5.85 m x 6.16 m (19.19 ft x 20.21 ft)
KitchenMain3.05 m x 4.57 m (10.01 ft x 14.99 ft)
BrMain2.89 m x 4.26 m (9.48 ft x 13.98 ft)
LivingMain5.48 m x 4.27 m (17.98 ft x 14.01 ft)
BrMain5.48 m x 4.27 m (17.98 ft x 14.01 ft)
KitchenMain3.96 m x 2.35 m (12.99 ft x 7.71 ft)
Living2nd7.32 m x 6.74 m (24.02 ft x 22.11 ft)
Kitchen2nd3.05 m x 2.29 m (10.01 ft x 7.51 ft)
Br2nd3.54 m x 4.39 m (11.61 ft x 14.4 ft)
Other2nd4.42 m x 6.61 m (14.5 ft x 21.69 ft)
OfficeLower12.2 m x 6.61 m (40.03 ft x 21.69 ft)
OtherLower3.96 m x 6.61 m (12.99 ft x 21.69 ft)
Bathrooms
Pieces Level
3Main
3Main
42nd
2Lower

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