Toronto E08, ON M1M 1M1,2563 Kingston RD
Toronto E08, ON M1M 1M1,2563 Kingston RD
Toronto E08, ON M1M 1M1,2563 Kingston RD
31
$1,025,000
$1,100,000
6.8%
Est.Price: ?

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5 BD
3 BA

2563 Kingston RD Toronto E08, ON M1M 1M1

Est. payment /mo
SOLD DATE : 07/02/2025

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Key Details

Sold Price $1,025,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Cliffcrest

MLS Listing ID E12234776

Sold Date 07/02/25

Style 2-Storey

Bedrooms 5

Annual Tax Amount $4,957

Tax Year 2024

Property Sub-Type Triplex

Property Description

Welcome to 2563 Kingston Rd - a fully leased cash-flowing triplex in the heart of Cliffside, offering immediate income and long-term upside! Generating $5,800/month in rent with tenants paying all utilities, this turnkey investment is ideal for savvy investors seeking strong returns in a rapidly appreciating Scarborough pocket. This detached property features three self-contained units: two spacious and freshly painted 2-bedroom suites on the main and upper levels, plus a bright, freshly painted 1-bedroom unit below. Situated on an oversized lot, the home includes 5 parking spaces, a detached garage with a brand new door, and a huge private backyard - fully fenced and full of potential. With laneway or garden suite possibilities, this property presents excellent value-add opportunities. Major updates include the roof (2018), furnace, A/C and windows (2010). The hot water tank is a rental. Perfectly located just steps to groceries, dining, shopping, parks, and the Scarborough Bluffs, with TTC at your doorstep and quick access to the GO station. This is a prime location for attracting and retaining great tenants. A solid investment in a high demand corridor - don't miss out. Easy to Show!

Location

Province ON

County Toronto

Community Cliffcrest

Area Toronto

Zoning RD (f15;a557*155)

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features None

Cooling Central Air

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 50.0

Lot Depth 107.63

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Unknown

Others

Senior Community Yes

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Listed by ROYAL LEPAGE TERREQUITY REALTY

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Nigel Wong

Nigel Wong

Realtor | License ID: 9598315

+1(647) 549-1865

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