3025 Queen ST E new

Toronto E06,ON M1N 1A5

$ 4099000

9 Beds

9 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Birchcliffe-Cliffside

MLS Listing ID E12056874

Style 2 1/2 Storey

Bedrooms 9

Annual Tax Amount $16,550

Tax Year 2024

Lot Size 0.500 Acres

Property Sub-Type Multiplex

Property Description

**Power of Sale** 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 $350k 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 with access from 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 and lot lines). Property being sold under Power of Sale in as-is/where-is condition without any warranty from the Seller. Do NOT walk the property without an appointment.

Location

Province ON

County Toronto

Community Birchcliffe-Cliffside

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 7

Separate Den/Office 4

Interior

Interior Features Separate Heating Controls,Storage Area Lockers

Cooling None

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Right Of Way

Pool None

Roof Type Asphalt Shingle

Lot Frontage 70.0

Lot Depth 225.0

Total Parking Spaces 6

Building

Unit Features Beach,Clear View,Cul de Sac/Dead End,Lake/Pond,Waterfront

Foundation Brick

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