692 Richmond St W, Toronto

692 Richmond St W

Toronto, Niagara
Cross St: Queen / Bathurst
Detached | 2-Storey | Freehold

$2,399,000/ For Sale

Taxes : $6,749/2023
Bed : 3 | Bath : 4
Kitchen: 3

Details | 692 Richmond St W

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.

1 car garage off of laneway is currently used as storage.

Property Details:
  • HOOD : Niagara
  • Approx. Age : N/A
  • Lot : 25.00 x 105.00 Feet
  • Fronting On : N
  • MLS #: C9017771
  • Pool : None
  • Taxes : $6,749 / 2023
  • Zoning : R(d1*869) with four self-contained units
  • Exterior : Brick
  • Water : Municipal
  • Sewer : Sewers
  • Amenities Nearby : Hospital, Park, Public Transit, Rec Centre, School,
  • Building Details:
  • Sqft : 3000-3500
  • Bedroom : 3
  • BATH : 4
  • KITCHEN : 3
  • FAMILY ROOM : N
  • BASEMENT : Sep Entrance/W/O
  • GARAGE : Detached/1.0
  • PARKING SPACES : 1
  • HEATING : Baseboard/Electric
  • A/C : Other
  • FIRE PLACE : Y
  • Room Details:

    Room Level Length (m) Width (m) Description 1 Description 2 Description 3
    Living Main 5.85 6.16
    Kitchen Main 3.05 4.57
    Br Main 2.89 4.26
    Living Main 5.48 4.27
    Br Main 5.48 4.27
    Kitchen Main 3.96 2.35
    Living 2nd 7.32 6.74
    Kitchen 2nd 3.05 2.29
    Br 2nd 3.54 4.39
    Other 2nd 4.42 6.61
    Office Lower 12.20 6.61
    Other Lower 3.96 6.61

    Listed By: HARVEY KALLES REAL ESTATE LTD.

    More Info / Showing:
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    KAZI HOSSAIN
    Sales Representative
    Right At Home Realty Inc.
    "Serving The Community For Over 17 Years!"