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$4,895,000Asking Price

14 & 16 Skey Lane

Beaconsfield, Toronto

Fourplex
2
Bedrooms
4
Baths
3
Parking
Days on Market

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.

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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.

Key Info

  • 2-Storey Fourplex
  • 3 Parking
  • No Garage
  • Dovercourt & Dundas
  • 3500-5000 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • Forced Air Gas Heating
  • Central Air

Property

  • Taxes were $7,815 in 2023
  • Possession: 60-90 Days

Details

  • Brick Exterior
  • Fireplace
  • 3 Kitchens
  •  
  • MLS #C8163118
  • ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

Extras

  • Desirable location just steps to Trinity Bellwood's park, public transit, excellent restaurants, patios, and shopping.
Room Floor Dimensions Details
Washroom1 5-Piece Bathroom on Upper
Washroom1 3-Piece Bathroom on Upper
Washroom1 4-Piece Bathroom on Lower
Washroom1 2-Piece Bathroom on Lower

Who lives here?

Beaconsfield, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, business, science, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from Portugal, and Portuguese speakers. Residents tend to be younger with a significant number of adults aged 25 to 44.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

58% of residents are
single and loving it.

58% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

59% of residents
are renters.

59% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

58% of residents are
university grads.

58% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$118K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 18%
Business 14%
Culture 12%
Management 11%
Government 10%

Immigrants

30% of residents were
born outside of Canada.

30% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Portugal was once home to 6.9% of immigrants.
China 3.0%
Caribbean 1.8%
Vietnam 1.1%
Philippines 1.0%

6.9% from Portugal
All-time

Birthplace - Recent

China was once home to 0.7% of immigrants.
India 0.6%
UK 0.5%
Venezuela 0.3%
Nigeria 0.3%

0.7% from China
Recent

Foreign Languages

Foreign Languages

Portuguese 11%
Spanish 3%
Cantonese 2%
French 2%
Mandarin 1%

Religions

Religions

Christian 48%
Buddhist 3%
Jewish 2%
Muslim 1%
Hindu 1%

Social Housing

Social Housing Buildings

1

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)