Size
-
Lot size
15750 sqft
Street frontage
-
Possession
-
Price per sqft
$63 - $820
Taxes
$16,550 (2024)
Parking Type
-
Style
2 1/2 Storey
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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.
Broker: RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
MLS®#: E12056874
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2 1/2 Storey
MLS Size:
5000-65535 sqft
Lot front:
70 Ft
Lot depth:
225 Ft
Listed on:
Apr 2, 2025
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Instant estimate:
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$329,393
lower than listed pricei
High
$3,904,041
Mid
$3,769,607
Low
$3,579,934