**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.
Address
3025 Queen Street E
List Price
$4,099,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2 1/2 Storey
Area
Toronto E06
Sub-Area
Birchcliffe-Cliffside
County
Toronto
Bedrooms
9 + 4
Bathrooms
9
Lot Depth
225
Lot Shape
Irregular
Lot Irregularities
See attached survey
Lot Size Range (Acres)
.50 - 1.99
Lot Size Units
Feet
Lot Width
70
MLS® Number
E12056874
Listing Brokerage
RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Basement Area
Apartment
Postal Code
M1N 1A5
Parking
Right Of Way
Parking Places (Total)
6
Tax Amount
$16,550.00
Tax Year
2024
Interior Features
Separate Heating Controls, Storage Area Lockers
Property Features
Beach, Clear View, Cul de Sac/Dead End, Lake/Pond, Waterfront
Heat Source
Gas
Heat Type
Radiant
Cooling Features
None
Construction Materials
Brick, Stone
Direction Faces
South
Fireplace
Yes
Foundation Details
Brick
Garage Type
None
Kitchens Total
7
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer