I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.
Toronto · Toronto Region · The Beaches
558-562 Kingston Road
Fourplex
MLS® #E14175660
Listed for$3,700,0003 days on market
16 bed 8 bath 8 parking 5000 + sq ft~$740/sq ft
New this week
11 schools within 1 km
Transit stop ~30 m
Free · about 10 seconds
Is $3,700,000 a fair price?
See AskEmma’s read of this asking price against recent comparable sales — how far above or below, and the range they sold in.
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Est. all-in monthly~$18,719/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools
Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.
Beaches Alternative Junior SchoolPublic · Elementary · Toronto DSB0.5 km
Kimberley Junior Public SchoolPublic · Elementary · Toronto DSB0.5 km
Norway Junior Public SchoolPublic · Elementary · Toronto DSB0.5 km
Glen Ames Senior Public SchoolPublic · Secondary · Toronto DSB0.5 km
Williamson Road Junior Public SchoolPublic · Elementary · Toronto DSB0.5 km
St John Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.6 km
Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.
Getting around
Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.
Lee AvenueNearest transit · Bus stop~30 m
Main StreetNearest subway · Subway~1.1 km
DanforthNearest GO / rail · GO / regional rail~870 m
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details
**RARE INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE PRESTIGIOUS TORONTO BEACHES!** An exceptional opportunity to acquire two existing fourplex properties at 558 & 562 Kingston Road, featuring a combined total of 8 spacious two-bedroom rental apartments, generating approximately **$195,000 in annual gross rental income!** Both buildings are fully tenanted, offering an established rental income stream in one of Toronto's most desirable neighbourhoods.Situated on a generous combined lot of approximately **92.66 ft x 150 ft**, backing onto a beautiful ravine and located among existing mid-rise buildings. An excellent opportunity for investors seeking rental income today while considering the property's long-term investment value.**FUTURE REDEVELOPMENT CONSIDERATIONS:** Seller advises that a planning application for a proposed 57-suite mid-rise rental building has been submitted to the City. Any redevelopment would be subject to applicable zoning, municipal requirements and necessary approvals. No approval of the proposed development is represented.**PRIME LOCATION!** TTC at your doorstep, steps to Kingston Road Village, shops, cafés and restaurants, a short walk to Queen Street East and the Beach, with convenient access to downtown Toronto.**AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE TWO ESTABLISHED INCOME-PRODUCING PROPERTIES IN A HIGHLY SOUGHT-AFTER LOCATION!** Existing municipal addresses: 558/560 and 562/564 Kingston Road.
The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.
Listed by SOLTANIAN REAL ESTATE INC.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.