$4,895,000 FOR SALE

Investment

Lot: 49.6 x 45.3 ftTotal Area: 3,800 ft2

14 & 16 Skey Lane
Toronto, ON M6J 3S4 | Trinity-Bellwoods

Property is sold together with vacant lot at 17 Skey Lane. RARELY OFFERED OPPORTUNITY! Attention investors and builders, don't miss this amazing opportunity to obtain a three address site in one of Toronto's most desirable neighbourhoods. Offering endless potential for two detached homes, townhouse, or condo development, or eight purpose built rental units PLUS a detached laneway house! Currently 14/16 Skey Lane offers a four-unit multiplex with 100% lot coverage, while 17 Skey Lane (Currently used for parking) directly across the laneway holds a vacant site prime for a detached laneway house with the potential for a parking space. Projected rent roll for purpose built rentals $501,600 per-annum. Information package with zoning studies and financial breakdown available upon request. Listing also listed as residential freehold MLS #: C8163118.

Extras
Desirable location just steps to Trinity Bellwood's park, public transit, excellent restaurants, patios, and shopping. Taxes TBD.

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Listed By ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C8164238
Last Updated Mar 28, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
Legal Description LT 25 PL 1020 CITY WEST S/T INTEREST IN CT778251;
Occupancy Own+Ten
Possession Date 60-90 Days
Directions/Cross Streets Dovercourt & Dundas
Neighbourhood Trinity-Bellwoods
Area Toronto
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 49.6 x 45.3 ft
Office/Apt Area 800 ft2
Total Area 3,800 ft2
Approximate Age 100+
Elevator None
Air Conditioning Y
Basement N
Chattels N
Garage Type None
Parking Spaces 3
Days Open V
LLBO N
Heat Type Gas Forced Air Closd
Financial Statement N
Expenses Actual/Estimated Est
Outside Storage N
Sprinklers N
Sewers Storm
Utilities Y
Water Municipal
Crane N
Rail N
Survey Y
Lot/Bldg/Unit Code Lot
Zoning Residential/Commercial
Seller Property Info Statement N

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