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Toronto C01,ON M5V 1H6
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Waterfront Communities C1
MLS Listing ID C12166655
Style 3-Storey
Bedrooms 7
Annual Tax Amount $7,260
Tax Year 2025
Property Sub-Type Semi-Detached
Property Description
Prime condo assembly opportunity directly beside a major new subway station currently under constructionthis property is the next lot immediately east, physically touching the future Ontario Line King St West station. Ideal for joining with neighbouring townhomes to develop a high-rise condo site. Fully renovated to the studs in 2024 with over $700,000 in upgrades, including all-new soundproofing, fire-rated drywall, new roof, 1" plumbing lines, 200-amp dual-pane ESA-approved electrical, gas lines and plumbing rough-ins on the main and second floors, five full bathrooms with stand-up showers, two furnaces and two A/C units for zoned climate control, and new vinyl windows. Layout includes two retail units on the main floor, one retail unit on the second floor, a 2-bedroom lower-level apartment, and a 3-bedroom third-floor apartment with soaring ceilings, plus a spacious rear addition and fully fenced, landscaped backyard. Current gross rent approx. $13,500/month. A rare, turnkey investment with strong holding income and exceptional long-term development potential beside key transit infrastructure.
Location
Province ON
County Toronto
Community Waterfront Communities C1
Area Toronto
Rooms
Family Room Yes
Basement Apartment,Finished
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Accessory Apartment,In-Law Suite,Separate Heating Controls,Sump Pump,Upgraded Insulation,Ventilation System
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features None
Pool None
Roof Type Flat
Lot Frontage 19.5
Lot Depth 86.0
Building
Foundation Brick