$2,899,000

For sale

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637 Kingston Road, Toronto (The Beaches) - Single Family for Sale

637 Kingston Road, Toronto (The Beaches), Ontario, M4E1R3

4 beds4 baths2 parking lot size

2275 Queen Street East, Toronto (The Beaches), Ontario, M4E1G5

6 bd5 ba4 pk2,250 ft²Lot size 23 × 110 ft (2,475 sq ft)

Listed by ROYAL LEPAGE ESTATE REALTY

57 Silver Birch Avenue, Toronto (The Beaches), Ontario, M4E3L1

For saleJust listed

Yesterday

$4.00M

57 Silver Birch Avenue, Toronto (The Beaches), Ontario, M4E3L1

4 bd3 ba2 pk2,250 ft²Lot size 32 × 93 ft (2,995 sq ft)

Listed by ROYAL LEPAGE ESTATE REALTY

195 Scarborough Road, Toronto (The Beaches), Ontario, M4E3M7

For saleJust listed

Yesterday

$1.50M

195 Scarborough Road, Toronto (The Beaches), Ontario, M4E3M7

4 bd2 ba3 pk1,300 ft²Lot size 50 × 100 ft (5,000 sq ft)

Listed by ROYAL LEPAGE ESTATE REALTY

761 Kingston Road, Toronto (The Beaches), Ontario, M4E1R9

For saleJust listed

2 days ago

$1.11M

761 Kingston Road, Toronto (The Beaches), Ontario, M4E1R9

5 bd2 ba3 pk1,300 ft²Lot size 33 × 100 ft (3,330 sq ft)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Investment analysis

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$2,899,000

Toronto

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25 × 100 ft (2,498 sq ft)

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale. It has been on the market 18 days, fresher than the Toronto average of 47 days.

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Description

Welcome to 637 Kingston Road, a solid, brick 2-storey building located on a highly visible intersection at the southwest corner of Kingston and Southwood. Main floor AAA anchor tenant with two residential units on the second floor, signage on the roof and existing garage foundation with development potential. Situated in a well-established, walkable area with the TTC at your door. Substantial upside, suits a variety of investment strategies. (id:66096)

Property Details

MLS®: E14092800
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 2
Lot Size: 25 × 100 ft (2,498 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Window air conditioner
Garage: Other, No Garage
Property Tax: $28,261.06/yr
Listed: 18 days ago

Features

Foundation: Brick
Exterior: Brick

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

18d

Toronto (The Beaches) listings, avg age

47d

List price

$2.90M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Toronto (The Beaches) has been listed for 18 days, which is 29 days fresher than the city average of 47. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · DEAN DA SILVA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4E)

This home lists at $2,899,000, about 25.9× the local median household income of $112,000.

Carrying it typically needs a household income of about $566,276 (20% down, 25-yr amortization, stress-tested) — roughly 406% above the area median.

Median household income: $112,000
Population: 25,473
Median age: 42.8
Owner / renter: 64% / 36%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4E)

$2,899,000

For sale

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Full Cost Breakdown

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Down Payment20% · $579,800

Min 20%50%

Mortgage payment$12,364/mo

Property tax (est.)$2,355/mo

Total monthly$14,719

Cash Needed to Close

Down payment (20%)$579,800

Land transfer tax$117,900

Est. closing costs$11,197

Total cash needed$708,897

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice