Picture of a map for 6244 Kingston Rd, Toronto Ontario M1C 1K9
68 days on Market

6244 Kingston Rd, Toronto, Ontario M1C 1K9

Detached
2
2
- sqft
$2,350,000
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Detached
2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$10,092/mo

Tax Amount (2023)$5,024/yr

Days On Market68 days


Description

Great Rental Apt Development Opportunity In The Dynamic Highland Creek Community! Great opportunity to create Rental unit with no SPA and Development fee. Get the permit and have 100% construction loan From CMHC(Some condition Applies).At the final after occupancy you can have mortgage from CMHC with 2% less than the market rate and be owner with $ 0 on the property. Great investment property. Its a an ATM machine.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size28,380 SqFt(250.87 x 113.13)
Parking Spaces11
MLS ®NumberE9397353
Community NameHighland Creek
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Part Fin, Sep Entrance

Main Floor

Kitchen

3.35 x 6.70

Hardwood Floor / Granite Counter / Backsplash

Dining

3.35 x 6.70

Hardwood Floor / Window / Combined W/Kitchen

Living

3.50 x 5.50

Hardwood Floor / Large Window

Prim Bdrm

3.35 x 3.05

Hardwood Floor / Window


Features

Lot size: 28,380 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 10

Total parking spaces 11


Property listed by RE/MAX REALTRON REALTY INC., Brokerage

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Market Data - Highland Creek

Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2023

40 days

2022

18 days

2021

10 days

New Listings

Past 30 days

21 listings

Compared to

2023

14 listings

2022

10 listings

2021

3 listings

Units sold

Past 30 days

10 units

Compared to

2023

3 units

2022

4 units

2021

5 units

Median Sold Price

Past 30 days

$1,062,500

Compared to

2023

$1,650,000

2022

$1,107,750

2021

$1,450,500


Population and Demographics

Overview

Total population 13522
Average household income $134,802

Age (%)

20 to 34
23%
50 to 64
21%
65 and plus
21%
0 to 19
19%
35 to 49
16%

Household composition (%)

Single family
73%
Single person
17%
Multi person
7%
Multi family
3%

Mother tongue (%)

English
59%
Tamil
13%
Others
4%
Tagalog (Pilipino, Filipino)
4%
Mandarin
3%
Yue (Cantonese)
2%
Urdu
2%
Punjabi (Panjabi)
2%
Malayalam
2%
Bengali
2%

House tenancy (%)

Owners
78%
Renters
22%

Schools and amenities

Estimated Budget