30 days on Market

1316 Kingston Rd #602, Toronto, Ontario M1N 1P6

In the same building:
-
Condo
2
2
~1000-1199 sqft
$1,099,000
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Condo
2
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,008/sqft

Est. Mortgage$4,720/mo

Maintenance fees$577/mo

Tax Amount (2024)$12,266/yr

Days On Market30 days


Description

Experience elegance at The Terrasse, an exclusive 7-storey residence with panoramic views of Lake Ontario and Toronto's skyline. This unit offers over 1,000 sq. ft. of refined living space with $50K in upgrades, including an open-concept design, floor-to-ceiling windows, a chefs kitchen with quartz countertops, and premium appliances. The primary suite features a walk-in closet, and a 4-piece ensuite. A private terrace perfect for morning coffee or evening cocktails. A second bedroom and stylish 4-piece bath complete the layout. Located at 1316 Kingston Road in Scarborough, this sought-after address offers the perfect blend of urban convenience and natural beauty, with easy access to local shops, restaurants, parks, and the scenic waterfront. Luxury living awaits!


Property Details

StyleApartment
View-
Age of propertyNew
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberE10441027
Community NameFallingbrook
Data SourceTRREB
Listing byRARE REAL ESTATE

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

2.82 x 4.06

B/I Appliances / Quartz Counter / Centre Island

Dining

2.48 x 5.22

Large Window / Open Concept / Laminate

Living

5.35 x 4.88

Pot Lights / W/O To Terrace / Laminate

Prim Bdrm

3.20 x 2.82

4 Pc Ensuite / W/I Closet / Laminate


Features

Patio: Terr
Balcony: Terr

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


6Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RARE REAL ESTATE, Brokerage

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Market Data - Fallingbrook

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

2 days

Compared to

2023

11 days

2022

40 days

2021

19 days

New Listings

Past 30 days

10 listings

Compared to

2023

12 listings

2022

11 listings

2021

5 listings

Units sold

Past 30 days

1 unit

Compared to

2023

2 units

2022

3 units

2021

1 unit

Median Sold Price

Past 30 days

$540,000

Compared to

2023

$820,000

2022

$550,000

2021

$655,000


Population and Demographics

Overview

Total population 8251
Average household income $192,980

Age (%)

50 to 64
23%
35 to 49
22%
0 to 19
22%
65 and plus
18%
20 to 34
15%

Household composition (%)

Single family
63%
Single person
33%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
86%
Others
4%
Bengali
2%
French
2%
Yue (Cantonese)
2%
Spanish
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
69%
Renters
31%

Schools and amenities

Estimated Budget