66 King Street

About This Property

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.