558-562 Kingston Rd

Toronto E02 | East End-Danforth | M4E 1P9
  • 8 + 8
  • 8
  • 0

$5,788,000

Est. Mtg $19,626 /mo
  • Days on market

    26

  • Status

    New

Listing Broker ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Since listed: 0 views

Home details

MLS #:

E9918380

Property type:
Multiplex
Style:
2-Storey
Taxes:
$15,944
Possession:
TBA
Lot Front:
92.66   Feet
Lot Depth:
150.64   Feet
Basement:
Finished |
Driveway Pkg:
8
Heat:
Gas | Water

Description


558-562 Kingston Rd, , Toronto, Ontario is a Multiplex property in Toronto E02 and in the East End-Danforth community in the M4E 1P9 postal code


Mid-Rise Development Opportunity in the Heart of the Toronto Beaches. Existing Properties with a Total Area of 92.66 x 150 ft on Kingston Rd, Backing Onto Stunning Ravine Setting. Currently Fully Rented, Each Lot Is a Fourplex with a Combined Total of 8 Two-Bedroom Rental Units, with Total Gross Income of $184,272/yr. Incredible Location with TTC Street Car in front, Mins to Queen St & the Beach, Multiple Shops, Parks & Restaurants of Kingston Road Village, Downtown Core and Highways..

Extras

Fantastic Investment Opportunity. Existing Building Street Addresses are 558/560 Kingston Rd and 562/564 Kingston Rd; Currently Registered as 558 Kingston Rd & 562 Kingston Rd..


History

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List Date End Date List Price End Price Status MLS #
2024-01 2024-05 $7,000,000 $7,000,000 Exp E7403402
2024-05 2024-07 $5,998,000 $5,749,000 Exp E8309972
2024-10 2024-10 $5,788,000 $5,788,000 New E9918380
2024-07 $5,998,000 $5,749,000 E8309988

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto E02 :

Average sale price

$1,365,495

Properties sold

72

New Listings

112

Days on Market

9

Sale $ / List $

111%

Year on Year Growth

-5.56%



Estimated running costs for 558-562 Kingston Rd

Based on available 3rd party data

$21089

Approximate costs per month

Mortgage
$19626 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1328 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Public Transit
  • Ravine
Listing Broker ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Data Source: TRREB

Payment calculator

$20954 monthly. In association with: TD Bank
%
  • Principal and Interest
    19626 /mo
  • Property Taxes
    $1328 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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