An exceptional mid-rise development opportunity in the heart of the Toronto Beaches. With a total lot size of 92.66′ x 150′, backing onto a beautiful ravine setting. Existing lots each currently have a 4-plex with a combined total of 8 two-bedroom rental units, with total gross income of $185,472/yr. Incredible location with TTC at your doorstep! Short walk to Queen Street and the beach, & just steps to the shops & restaurants of Kingston Road Village! Quick and highly convenient access to the downtown core and highways. **Existing building street addresses are 558/560 Kingston Rd and 562/564 Kingston Rd. Currently registered as 558 Kingston Rd & 562 Kingston Rd.