3025 Queen St E, Toronto

3025 Queen St E

Toronto, Birchcliffe-Cliffside
Cross St: Fallingbrook & Lake Ontario
Multiplex | 2 1/2 Storey | Freehold

$4,849,000/ For Sale

Taxes : $16,550/2023
Bed : 9+4 | Bath : 9
Kitchen: 6 + 1

Details | 3025 Queen St E

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 $362,760 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, access is through a walkway from Queen St or through the winding driveway on Rockaway Crescent. Property is being sold as-is and is ready for your finishes. Do NOT walk the property without an appointment.

Property Details:
  • HOOD : Birchcliffe-Cliffside
  • Approx. Age : N/A
  • Lot : 70.00 x 225.00 Feet
  • Fronting On : S
  • MLS #: E8366970
  • Pool : None
  • Taxes : $16,550 / 2023
  • Zoning : N/A
  • Exterior : Brick / Stone
  • Water : Municipal
  • Sewer : Sewers
  • Amenities Nearby : Beach, Clear View, Cul De Sac, Lake/Pond, Waterfront,
  • Building Details:
  • Sqft : N/A
  • Bedroom : 9 + 4
  • BATH : 9
  • KITCHEN : 6
  • FAMILY ROOM : N
  • BASEMENT : Apartment
  • GARAGE : None/0.0
  • PARKING SPACES : 10
  • HEATING : Radiant/Gas
  • A/C : None
  • FIRE PLACE : Y
  • Room Details:

    Room Level Length (m) Width (m) Description 1 Description 2 Description 3

    Listed By: RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.

    Neighbourhood Details: Birchcliffe-Cliffside

    Birch Cliff is a neighbourhood in Toronto, Ontario, Canada. It is located in the southwest part of the old city of Scarborough running along shore of Lake Ontario atop the western part of the Scarborough Bluffs. The area was first developed as the home of the Toronto Hunt Club in 1895 when the region was still mostly farms and woodland. Around the club and number of cottages were erected, and one of these was named "Birch Cliff." This name was also adopted by the local post office, and became the name for the neighbourhood. As the Beaches neighbourhood was built to the west, the region became the first part of Scarborough to be developed as a suburb to the city of Toronto during the 1920s. Unlike the rest of Scarborough, which was developed after the Second World War as automotive based suburbs, Birch Cliff began as a streetcar suburb. With a TTC streetcar line running along Kingston Road to Birchmount Road. As the most populated part of the borough, Scarborough's municipal council met in a building on Kingston Road beginning in 1922. Kingston Road became a busy shopping district. Streetcar service east of Victoria Park ended in 1954[1] but during the post-World War II boom Kingston Road become a major thoroughfare for those living further east in the newer suburbs. Most of the shops closed. The area by the lake and the ravines remained a wealthy residential district, while further north is a more middle class portion of Scarborough. This area further north is sometimes referred to as Birch Cliff Heights. The westernmost portion of the neighbourhood, west of the Hunt Club, is known as Fallingbrook. It is closely linked to the Beaches. Birch Cliff has a large Irish population. About one-third of Birch Cliff residents are of Irish origin.[2][3] Flowers at Rosetta McClain Gardens at Birch Cliff, Toronto. Quarry Lands A notable section of the neighbourhood is the former Birch Cliff Quarry. This area is a former quarry that was first used as a quarry by the Toronto Brick Company. It covers a large area south of the railroad tracks, north of Gerrard, and east of Victoria Park. From 1954 to 1960 the old quarry was used as a landfill. In 1960 the landfill was shut down and the site was sold to a development company. At the time the Scarborough Expressway was planned to parallel the rail line, and the site would have thus been next to a major interchange. It was thus zoned for high density apartment buildings with 1,450 units. The plan was a tower in a park scheme similar to what was built to the north at Crescent Town. The expense of cleaning up the former landfill delayed to project, and in the interim civic activism stopped the Scarborough Expressway. Modern Jane Jacobs new urbanism also firmly rejects such suburban tower plans, but the area retains the original zoning and under Ontario Municipal Board the city is not allowed to revoke such a zoning. As of November 6, 2012, the Ontario Municipal Board has approved the "tower in the park" style development, to the remorse of many living in the community.[4]
    - Source: en.wikipedia.org
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    KAZI HOSSAIN
    Sales Representative
    Right At Home Realty Inc.
    "Serving The Community For Over 17 Years!"