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$3,500,000Asking Price

562 Kingston Rd

Upper Beach, Toronto

Multiplex
8
Bedrooms
4
Baths
1
Parking
Days on Market

**Future Mid Rise Development**1-Of-A-Kind Location & Signature/Luxury Projects In Prestigious Downtown Toronto**Rare Development Opportunity in the Downtown Toronto Beaches Area. Site Plan Submitted To City & Under Process For Rezoning for 57 Rental Suites & development potential of 37,8000 SQFT(Please Buyer Verify With City)**TRCA Approved**Back To the Ravine**The existing Fourplex consists of 4 apartment units, including 2 Br, 1 Kitchen & One 3 Pc Washroom, family room, dining room, big storage in basement, one parking in the backyard & 2 balconies Each. Located in the Downtown Toronto Beaches Area, this is a prime redevelopment opportunity for builders. The building is fully tenanted. Elevate Urban Living Experience In Downtown Toronto .Buyer To Do All Due Diligence. All Info Provided & Advertised By Seller & LA To Be Verified By Buyer.

**Future Mid Rise Development**1-Of-A-Kind Location & Signature/Luxury Projects In Prestigious Downtown Toronto**Rare Development Opportunity in the Downtown Toronto Beaches Area. Site Plan Submitted To City & Under Process For Rezoning for 57 Rental Suites & development potential of 37,8000 SQFT(Please Buyer Verify With City)**TRCA Approved**Back To the Ravine**The existing Fourplex consists of 4 apartment units, including 2 Br, 1 Kitchen & One 3 Pc Washroom, family room, dining room, big storage in basement, one parking in the backyard & 2 balconies Each. Located in the Downtown Toronto Beaches Area, this is a prime redevelopment opportunity for builders. The building is fully tenanted. Elevate Urban Living Experience In Downtown Toronto .Buyer To Do All Due Diligence. All Info Provided & Advertised By Seller & LA To Be Verified By Buyer.

  OPEN HOUSE

Key Info

  • 2-Storey Multiplex
  • 1 Parking
  • No Garage
  • Kingston Rd & Lee Ave
  • Forced Air Gas Heating
  • No A/C

Property

  • Taxes were $7,922 in 2023
  • Possession: tbd

Details

  • Brick Exterior
  • Fireplace
  • 4 Kitchens
  •  
  • MLS #E7403294
  • SOLTANIAN REAL ESTATE INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main
2 Living Room Main
3 Dining Room Main
4 Bedroom Main
5 2nd Bedroom Main
6 3rd Bedroom Main
7 Kitchen 2nd
8 Living Room 2nd
9 Dining Room 2nd
10 Bedroom 2nd
11 2nd Bedroom 2nd
12 3rd Bedroom 2nd
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

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.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

48% of residents are
single and loving it.

48% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

46% of residents
are renters.

46% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

51% of residents are
university grads.

51% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$127K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

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

Immigrants

29% of residents were
born outside of Canada.

29% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

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)