469 Richmond Street E, Toronto - $1,399,000 | Modern Solution

469 Richmond Street E

469 Richmond Street E, Toronto

469 Richmond Street E in Toronto - 4 bedroom, 4 bathroom. Listed at $1,399,000.

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!

Property Details

  • Property Type: Mortgage
  • Style: 3-Storey
  • Square Footage: 1750 sqft
  • Basement: Separate Entrance
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 0 space
  • Property Taxes: $11,886.68/yr
  • Neighbourhood: Moss Park
  • Postal Code: M5A 1R1

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