Own your own castle in the city!!! Rare 7-unit investment property with exceptional character and history, located in the Beaches and overlooking Lake Ontario. Known as Chateau de Quatre Vents (Castle of the Four Winds), this landmark was designed by the architect of Casa Loma and Old City Hall. The home has been converted into 7 self-contained suites, each with separate hydro. Three units are currently rentable; four units are under renovation with plumbing and electrical completed, ready for finishing. The layout includes five 2-bedroom and two 1-bedroom suites, with projected gross income of approximately $350,000 annually once completed. Although the civic address is Queen Street, the house is set back over 100 feet from the street on a bluff facing the lake, with sweeping views from most principal rooms. Access is from a walkway off Queen Street or via a winding driveway from Rockaway Crescent. The property is subject to a Heritage designation under the Ontario Heritage Act. Irregular lot buyer to verify lot dimensions and lot lines. Being sold under Power of Sale in as-is, where-is condition without representation or warranty from the Seller. Do not walk the property without an appointment. (id:61215)
Property Details
MLS® Number
E12427427
Property Type
Multi-family
Community Name
Birchcliffe-Cliffside
Amenities Near By
Beach
Features
Cul-de-sac, Irregular Lot Size
Parking Space Total
6
View Type
View
Water Front Type
Waterfront
Building
Bathroom Total
9
Bedrooms Above Ground
9
Bedrooms Below Ground
4
Bedrooms Total
13
Amenities
Separate Heating Controls
Basement Features
Apartment In Basement
Basement Type
N/a
Exterior Finish
Brick, Stone
Fireplace Present
Yes
Foundation Type
Brick
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
3
Size Interior
5,000 - 100,000 Ft2
Type
Other
Utility Water
Municipal Water
Parking
No Garage
Land
Acreage
No
Land Amenities
Beach
Sewer
Sanitary Sewer
Size Depth
225 Ft
Size Frontage
70 Ft
Size Irregular
70 X 225 Ft ; See Attached Survey
Size Total Text
70 X 225 Ft ; See Attached Survey|1/2 - 1.99 Acres