$1
66 King St
Toronto W04, ON M9N 1L3
66 King St, Toronto W04 — Listed at $1 Land. MLS® W13569040.
Description
A permit-ready development site with City-approved drawings for a 3-storey, four-unit executive multiplex, plus a design-complete garden suite - a five-unit income program on a deep 43.31 x 159.91 ft lot (6,925 sf) inside a Major Transit Station Area. The entitlement work is done: move straight to permit and construction, skipping the usual 12-to-18-month approvals grind. Four self-contained 3-bed/2-bath suites of 1,966 sf each (5,898 sf above grade; 7,864 sf total living), finished to executive standard. The garden suite adds a permittable fifth unit: 3 bed/2.5 bath, ~1,154 sf above grade (~1,800 sf with the finished basement).Steps to Weston GO and the UP Express - one stop to Pearson, two to Union (~20 min) - with direct access to Highways 401, 400 and 409. Purpose-built for the executive furnished-rental market: aviation, corporate relocation and film. Four units are as-of-right under Toronto's multiplex by-law; York South-Weston led the city with 40 multiplex permits in 2024. Eligible for CMHC MLI Select financing and the 100% GST purpose-built rental rebate, with development-charge relief on the additional units and deferral available on any charges owing. Permit-ready (City-approved drawings). Figures projected/illustrative and subject to verification; purchasers to confirm permit status, zoning and projections.
Property Details
Business Details
Listing Courtesy of: ALLOWAY PROPERTY GROUP LTD.
MLS® #W13569040


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About Toronto Real Estate
This Land is located in the Weston community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.











