$1,222,000

For sale

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

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

5 beds2 baths3 parking1,300 ft²33 × 100 ft (3,330 sq ft) lot sizeListed 35 days ago

Overview

This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,222,000, it is attractively priced about 30% below the $1,739,000 median asking price in Toronto. It has been on the market 35 days, fresher than the Toronto average of 49 days.

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Description

Welcome to 761 Kingston Road in The Beaches! This is the cottage vibe with city living. This charming 3 plus 1 bed, 2 three-piece bathroom home offers approximately 1,500 sq. ft. of living space and an incredible combination of convenience, flexibility, and nature. Located just a 1-minute walk to the TTC, directly across from St. John Catholic School, and close to shops, markets, groceries, the YMCA, and other everyday amenities. The home features main-floor laundry, a recently finished basement with a tastefully renovated 1-bedroom apartment, two walkouts, and a dedicated laundry hookup for added convenience. Upstairs, the finished top floor offers flexible space with potential for a home office or additional room. Outside, enjoy a massive rear deck and private backyard backing onto beautiful forest views of the Glen Stewart Ravine, with direct access to the ravine trails and approximately a 15-minute walk to the beach. Parking is also a major bonus with 3 spaces - 1 garage and 2 driveway spaces. The property offers excellent potential for rental income, and the landlord can provide Airbnb performance numbers upon request for buyers interested in exploring the income potential. (id:66096)

Property Details

MLS®: E13850172
Property Type: Single Family
Zoning: R1
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 33 × 100 ft (3,330 sq ft)
Frontage: 33 ft
Storeys: 2
Basement: Finished, Apartment in basement, Walk out, N/A, N/A
Heating: Radiant heat, Natural gas
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 5.89 x 4.64 meters
Kitchen: 3.37 x 2.33 meters

Second level

Primary Bedroom: 4.62 x 3.45 meters
Bedroom: 3.2 x 3.55 meters
Office: 2.41 x 5.05 meters
Bathroom: 1.52 x 2.59 meters
Other: 2.46 x 0.81 meters

Third level

Loft: 7.31 x 5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Furniture, Window Coverings
Foundation: Block, Concrete
Exterior: Brick
Lot Features: Hilly, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (The Beaches) listings, avg age

49d

Price / ft²

$940

List price

$1.22M

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 5-bed single family in Toronto (The Beaches) has been listed for 35 days, which is 14 days fresher than the city average of 49. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · JORDAN MARUSHIAK

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4E)

This home lists at $1,222,000, about 10.9× the local median household income of $112,000.

Carrying it typically needs a household income of about $238,699 (20% down, 25-yr amortization, stress-tested) — roughly 113% 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)

$1,222,000· $940/ft²

For sale

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Full Cost Breakdown

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Down Payment7.95% · $97,200

Min 7.95%50%

Mortgage payment$6,236/mo

↳ CMHC premium ($44,992 capitalized)

Property tax (est.)$333/mo

Total monthly$6,569

Cash Needed to Close

Down payment (7.95%)$97,200

Land transfer tax$41,830

Est. closing costs$6,166

Total cash needed$145,196

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