Boutique living redefined in the heart of the Beaches. This iconic address boasts 6 multi-story lofts and 4 exquisite suites (10 large suites in total), following a significant two-year building restoration program (2021-23). With millions invested, 65% of the property's square footage has been meticulously upgraded to luxury standards. All remodeled suites immediately captured significantly higher rents, proving that investment case to continue with luxury renovation plans as tenants churn. Tenants desire large multi-level lofts, complete privacy, luxury renos, with surface parking and no elevators! Nestled on a spacious 75x125 ft lot, the building showcases 11,000 sq ft of living space, complemented by 10 surface parking spots, 10 personal storage lockers, and various alfresco areas. With a blend of contemporary luxury, timeless exposed brick and beam, elegant hardwood floors, and abundant natural light, steps to Kew Gardens, the boardwalk, Financial District and More. Suites 1,3,4,8 were completely remodeled to luxury status (2021/23). Suite 6 is vacant presenting a unique rear Suite with private entrance that is expected to boost ROI post a luxury renovation that is almost complete. Suite 10 is also now vacant!
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Depth:
125'38.1 m
Frontage:
75'22.9 m
Lot Details:
75.00 x 125.00 Feet
Direction Faces:
West
Bedrooms:
9+8
Bathrooms:
11.0
Water supply:
Municipal
Kitchens:
10
Kitchens in Basement:
1
Bedrooms Above Grade:
9
Bedrooms Below Grade:
8
Kitchens Above Grade:
9
Rooms Above Grade:
43
Rooms:
0
Ensuite Laundry:
No
Zoning:
Multi-Residential
Heating type:
Baseboard
Heating Fuel:
Electric
Cooling:
Yes
Foundation:
Concrete Block, Brick
Roof:
Membrane
Basement:
Apartment
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
10
Total Parking Spaces:
10.0
Family Room:
Yes
Possession Details:
TBD.
Pool:
None
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
No
Taxes:
$22,203.33 /
2024
Assessment:
$- /
-
Toronto E02
The Beaches
Toronto
None
10 fridges, 10 stoves, 4 dishwashers, 4 washers, 4 dryers, 2 coin operated washers, 2 coin operated dryers, elfs, window coverings, hot water tank
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