1563/65 Kingston Rd
Birchcliffe-Cliffside, Scarborough, M1N 1R9
FOR SALE
$829,000
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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 2
ROOMSE8249242
MLSIDContact Us
Property Description
Calling all investors! Great Opportunity For Savvy Buyers! This Duplex With 3 Separate Entrance Units (Metered Separately) Is Perfect For Income Potential. 1764 sqft as per MPAC. All Units Currently Rented! Great Income! Recently Renovated And Painted In All Units. 2 Laneway Parking Spaces In Rear. Bright And Spacious With Modern Bathrooms. Convenient Location Close To Schools, Parks, Shopping And Ttc At Your Doorstep. Close To Bluffers Park And Beach. This area is part of the City's Intensification planning. Precedent for assembly. Absolutely phenomenal long term density opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-03-01 | 2023-05-11 | 71 | $1,495 | $1,495 | Leased |
| 2022-10-26 | 2023-01-26 | 92 | $1,750 | - | Expired |
Extras
Full Financials available upon request. Fully tenanted: $1825/upper $2150 main $1495/ basement monthly in fixed leases. Total monthly income: $5470. Annual Income: $65,640. Tenants are paying hydro!
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
18' x 125'
Fronting
South
Taxes
$3,684 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 13.19' x 13.35' | Hardwood Floor, Window, Closet |
| Sunroom | Ground | 7.32' x 14.44' | W/O To Yard, Picture Window, Window |
| Kitchen | Ground | 10.17' x 10.83' | Hardwood Floor, Backsplash, Double Sink |
| Br | Ground | 13.88' x 14.60' | Hardwood Floor, Closet, Window |
| Br | Ground | 9.51' x 10.83' | Hardwood Floor, Closet, Window |
| Living | 2nd | 13.19' x 13.35' | Hardwood Floor, Closet, Window |
| Sunroom | 2nd | 7.32' x 14.44' | W/O To Yard, Picture Window, Window |
| Kitchen | 2nd | 10.17' x 10.83' | Hardwood Floor, Backsplash, Double Sink |
| Br | 2nd | 13.88' x 14.60' | Hardwood Floor, Closet |
| Br | 2nd | 9.51' x 10.83' | Hardwood Floor, Closet |
| Living | Bsmt | 10.17' x 17.72' | Hardwood Floor, Above Grade Window |
| Br | Bsmt | 9.19' x 9.19' | Hardwood Floor, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
1563/65 Kingston Rd is a 4-bedroom 3-bathroom home listed for sale at $829,000, which is $1,266,128 (60.4%) lower than the average sold price of $2,095,128 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $36,827 (1.8%) compared to the previous 30 day period (March 2 - March 31) and up $54,275 (2.7%) from the same time one year ago.Inventory Change
There were 611 4-bedroom homes listed in Scarborough over the last 30 days (April 1 - April 30), which is up 44.1% compared with the previous 30 day period (March 2 - March 31) and up 18.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $16,669 (0.8%) above asking price over the last 30 days (April 1 - April 30), which represents a $1,476 decrease compared to the previous 30 day period (March 2 - March 31) and $43,538 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Scarborough over the last 30 days (April 1 - April 30) stood at 52.2%, down from 54.2% over the previous 30 days (March 2 - March 31) and down from 58.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 15 days when successfully sold over the last 30 days (April 1 - April 30), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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