Welcome to 1546 King St W. Formally know as the Grayona Tourist Home this property has been set up to allow for three Air B and B (hotel room) type rental spaces, two fully functional /separate apartment suites, Street side entrance to 7 ' high basement that with the conversion of the existing laundry room to a kitchen would create a 1310 sq foot apartment with excellent natural light. Over 4,300 sq ft of finished space on four levels . Situated on the King St Car Line and a five minute walk to Queen St West this property is ideally located for those looking to be a landlord, live and and collect rent or convert back to the stunning single family home of yesteryear that graced the Parkdale neighbourhood. Amazing views of Lake Ontario from the main, second and third floors. 2nd floor balconies both south (lake view) and north. north facing third floor balcony. Common powder room on second floor also contains stacking washer and dryer. Loads of original character and details plus many many upgrades. Truly this has been a very kept property. 5 - pc bathroom in basement, 5 fridges, 2 stoves, 1 b/i dw, 2 microwave range hoods, high efficiency combination hot water boiler/heater with separate reservoir tank, 2 washers, 2 dryers, 6 ac wall units (2nd floor front a/c unit in as is condition), all elfs, all window treatments not belonging to tenants, sump pump, fire alarm pull stations and emergency lighting throughout (tested yearly by Qstar), central vacuum and related equipment car parking off lane way, enclosed front porch