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RARE INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE PRESTIGIOUS TORONTO BEACHES! An exceptional opportunity to acquire two existing fourplex properties at 558 & 562 Kingston Road, featuring a combined total of 8 spacious two-bedroom rental apartments, generating approximately $195,000 in annual gross rental income! Both buildings are fully tenanted, offering an established rental income stream in one of Toronto's most desirable neighbourhoods.Situated on a generous combined lot of approximately 92.66 ft x 150 ft , backing onto a beautiful ravine and located among existing mid-rise buildings. An excellent opportunity for investors seeking rental income today while considering the property's long-term investment value. FUTURE REDEVELOPMENT CONSIDERATIONS: Seller advises that a planning application for a proposed 57-suite mid-rise rental building has been submitted to the City. Any redevelopment would be subject to applicable zoning, municipal requirements and necessary approvals. No approval of the proposed development is represented. PRIME LOCATION! TTC at your doorstep, steps to Kingston Road Village, shops, cafés and restaurants, a short walk to Queen Street East and the Beach, with convenient access to downtown Toronto. AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE TWO ESTABLISHED INCOME-PRODUCING PROPERTIES IN A HIGHLY SOUGHT-AFTER LOCATION! Existing municipal addresses: 558/560 and 562/564 Kingston Road.
With a 20% down payment of $740,000, your estimated payment is:
Listing history of 558-562 Kingston Road over time.
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Review the dimensions and specific features of each room.
| Room | Dimensions | Features |
|---|---|---|
| Family Room | 12.30 x 14.44 ft 3.75 x 4.40 m |
fireplace
w/o to balcony
window
|
| Kitchen | 13.78 x 8.53 ft 4.20 x 2.60 m |
Window
|
| Bedroom 2 | 8.79 x 12.60 ft 2.68 x 3.84 m |
Window
|
| Dining Room | 13.55 x 9.09 ft 4.13 x 2.77 m |
Window
|
| Bedroom | 10.24 x 11.35 ft 3.12 x 3.46 m |
W/O To Balcony
|
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This pie chart visualizes the average market value for different property categories (e.g., Detached, Condo, Townhouse) in this area. Each slice represents a property type, and the size of the slice corresponds to its average sold price relative to the others. Use this to quickly identify which property types command premium prices versus more affordable options. If the chart is dominated by one large slice, it indicates a significant price gap between that luxury property type and the rest of the market.
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Total Land Transfer Tax
Comparison of listing prices over time. Each bar represents the average list price for that month. Use this chart to understand how the market's average asking price has trended recently. Each bar represents a price range, and the height indicates how many active listings fall within that range. Use this to see if this property's asking price is competitive, above, or below the market average. A higher concentration of bars around the current property's price suggests it's priced in line with comparable listings.
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