14 & 16 Skey Lane For Sale

Toronto, Trinity-Bellwoods, M6J 3S4

$4,895,000

Description

Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM.

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.

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

Location

View Map
  • Address: 14 & 16 Skey Lane
  • Neighborhood: Trinity-Bellwoods
  • City: Toronto
  • State: Ontario
  • Postal Code: M6J 3S4

Property Details

  • Property ID: C8163118
  • Property Price: $4,895,000
  • Style: Fourplex, 2-Storey
  • Sq/Ft: 3500-5000
  • Rooms: 8
  • Bedrooms: 2
  • Bath: 4
  • Parking Spaces: 3
  • Year Built: 51-99
  • A/C: Central Air
  • Den: N
  • Elevator: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $7,815.40 (2023)
  • Acreage: < .50 Acres
  • Lot: 45.30x49.60 (Feet)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 370 - 0992