Outside view for 558-562 Kingston Rd, Toronto Ontario M4E 1P9
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A pic from exterior of the house or condo for 558-562 Kingston Rd, Toronto Ontario M4E 1P9
83 Days on Market

558-562 Kingston Rd, Toronto, Ontario M4E 1P9

$5,749,000
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Townhouse
8 + 8
8
- sqft

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Highlights

Estimated Value$4,191,000*

Price/Sqft-

Days On Market83 days

Est. Mortgage$24,690/mth

Tax Amount (2023)$15,944/yr

*Last updated on: 24/07/29

Description

Truly exceptional opportunity for a future mid-rise development in the heart of the Toronto Beaches! Site plan submitted to City & under review for rezoning for an 8-storey building with 57 units (49 condo, 8 rental) & 21 underground parking spots. Total lot size 91x150 ft with development potential of 37,800 sf (buyer to verify with City). Backs onto beautiful ravine setting (**submitted site plans have been approved by TRCA for the distance of the proposed building to the ravine slope**) Existing lots each currently have a fourplex with a combined total of 8 two-bedroom rental units with total gross income of $184,272/yr. Incredible location with TTC at your doorstep! Short walk to Queen Street and the beach! Just steps to the trendy shops & restaurants of Kingston Road Village! Quick access to the downtown core and highways!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size13,708 SqFt(150.64 x 91)
Parking Spaces8
MLS ®NumberE8309972
Community NameThe Beaches
Data SourceTRREB

Features

Heating: Forced Air
Basement: Finished

Flat Floor

Dining

0.00 x 0.00

Kitchen

0.00 x 0.00

Br

0.00 x 0.00

2nd Br

0.00 x 0.00


Features

Lot size: 13,708 SqFt

Parking

Garage spaces -

Garage type -

Other parking spaces 8

Total parking spaces 8


Property History

Now
Listed for$5,749,000
83 days on market
history photo preview7
Apr 30, 2024
Listed for$7,000,000Expired
105 days on market
history photo preview1
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Property listed by RE/MAX HALLMARK RICHARDS GROUP REALTY LTD., Brokerage

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Market DataFor the past 30 days in The Beaches

Median Selling Price

$1,338,000

40.79% more than GTA:

$950,000

Median Bidding

Underbidding - Trending to buyer market

-$8,000

GTA median: -$9,888

Median Number of Sales

12 sales

477 sales less than GTA:

489 sales

Median Number of Days on Market

8 days

9 days less than GTA:

17 days

Want more insights?Visit the Market Pulse


Schools and amenities

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