Note: the above is based on a down payment of 20% ($270,000),
which is the minimum amount permitted by the building.
Description
1959 East 16th Street is a legal two family fully detached townhouse. The building stretches 60 feet deep and is 18 feet wide, it sits on a 35x100 lot, the FAR is 1.25 and R5 zoning. Currently set up as a top floor three-bedroom apartment, a middle floor three bedroom and a full unfinished basement.
There is a huge driveway for many cars. The house is in need of a full gut renovation, the zoning allows you to build, you can easily create your dream home here. The location is prime, near everything and right next to the B and Q train. Owner is motivated.
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