2 Months Ago

$4,700,000Asking Price

558-562 Kingston Road, Toronto, ON M4E 1P9

Upper Beach, Toronto

Multiplex
8 + 8
Bedrooms
8
Baths
8
Parking
Days on Market

An exceptional mid-rise development opportunity in the heart of the Toronto Beaches. With a total lot size of 92.66' x 150', backing onto a beautiful ravine setting. Existing lots each currently have a 4-plex with a combined total of 8 two-bedroom rental units, with total gross income of $185,472/yr. Incredible location with TTC at your doorstep! Short walk to Queen Street and the beach, & just steps to the shops & restaurants of Kingston Road Village! Quick and highly convenient access to the downtown core and highways. **Existing building street addresses are 558/560 Kingston Rd and 562/564 Kingston Rd. Currently registered as 558 Kingston Rd & 562 Kingston Rd.

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An exceptional mid-rise development opportunity in the heart of the Toronto Beaches. With a total lot size of 92.66' x 150', backing onto a beautiful ravine setting. Existing lots each currently have a 4-plex with a combined total of 8 two-bedroom rental units, with total gross income of $185,472/yr. Incredible location with TTC at your doorstep! Short walk to Queen Street and the beach, & just steps to the shops & restaurants of Kingston Road Village! Quick and highly convenient access to the downtown core and highways. **Existing building street addresses are 558/560 Kingston Rd and 562/564 Kingston Rd. Currently registered as 558 Kingston Rd & 562 Kingston Rd.

Key Info

  • 2-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Kingston / Woodbine
  • 5000 + Approximate Sq Feet
  • No Ensuite Laundry
  • Water Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $17,117 in 2024
  • Possession: TBD

Details

  • Brick Exterior
  • No Fireplace
  • 8 Kitchens
  •  
  • MLS #E12153489
  • ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Flat
Washroom8 3-Piece Bathrooms

Who lives here?

Upper Beach, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14 and adults aged 35 to 64.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

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48% of residents are
single and loving it.

48% singles

Toronto (50%)
Gta (45%)

Renters

Created with Highcharts 7.1.2Highcharts.com

46% of residents
are renters.

46% renters

Toronto (47%)
Gta (33%)

Education

Created with Highcharts 7.1.2Highcharts.com

51% of residents are
university grads.

51% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$127K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Sales 15%
Government 12%
Business 11%
Management 10%
Culture 6%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

29% of residents were
born outside of Canada.

29% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

Bangladesh was once home to 3.0% of immigrants.
Philippines 2.8%
UK 2.5%
Caribbean 2.3%
Pakistan 1.8%

3.0% from Bangladesh
All-time

Birthplace - Recent

Bangladesh was once home to 1.3% of immigrants.
Philippines 1.0%
Pakistan 0.6%
India 0.4%
China 0.4%

1.3% from Bangladesh
Recent

Foreign Languages

Foreign Languages

Bengali 3%
French 2%
Tagalog 2%
Cantonese 2%
Urdu 2%

Religions

Religions

Christian 54%
Muslim 7%
Jewish 3%
Buddhist 1%
Hindu 1%

Social Housing

Social Housing Buildings

12

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)