3025 Queen Street East

Toronto, ONMulti-family
$3,700,000
MLS® E13741366
Multi-family13 beds9 baths6 total
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About This Property

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. I Do not walk the property without an appointment. (id:63604)

Key Facts

Type
Multi-family
Beds
13
Baths
9
Size
5,000 sqft
Lot
70 x 225 FT; See attached survey
Parking
6 total
Property Details 16 details
Bedrooms
13 bedrooms
9 above grade + 4 below grade
Bathrooms
9 bathrooms
Parking
6 parking spaces
No Garage
Living area
5,000 - 100,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
2.50
Basement
Apartment in basement
Heating
Radiant heat, Natural gas
Fireplace
Yes
Lot dimensions
70 x 225 FT; See attached survey
Frontage
70 feet
Taxes
$16,550.00
Water source
Municipal water
Sewer
Sanitary sewer
Waterfront
Waterfront
Views
View

Interior features

Separate Heating Controls

Exterior features

BrickStone

Lot and water

Cul-de-sacIrregular lot sizeWaterfront
Mortgage & Affordability Estimate monthly costs
Purchase price$3,700,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

Area
Birchcliffe-Cliffside
City
Toronto
Postal code
M1N 1A5
Nearby
Cross Streets: Fallingbrook & Lake Ontario. ** Directions: At the bottom of fallingbrook and queen. Down Rockaway crest.