2563 Kingston Rd
Cliffcrest, Scarborough, M1M 1M1
FOR SALE
$1,295,000
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4 + 1
BEDROOMS3
BATHROOMS3 + 1
KITCHENS10 + 3
ROOMSE9385297
MLSIDContact Us
Property Description
Basement Unit - Vacant - YOU SET THE RENTS!! Main Floor Leased for $2,000/month + Utilities, Upper Unit Leased for $2200/month + Utilities - INSTANT INCOME!!! This Detached Triplex Offers Three Self Contained Units, A Large Lot, And Endless Potential. The Upper Two Units Each Have 2 Bedrooms, While The Lower Unit Features 1 Bedroom. All Units are Freshly Painted. The Property Includes 5 Parking Spaces, A Single Car Garage With A Brand New Garage Door, And Potential for An Additional Garden Suite. Enjoy A Large Private Backyard. Easy To Show.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-03 | 2024-09-30 | 89 | $1,350,000 | - | Expired |
| 2024-06-04 | 2024-07-04 | 30 | $1,500,000 | - | Terminated |
Extras
3 Fridges, 3 Stoves, 1 Central Air, 1 Washer, 1 Dryer and All Electric Light Fixtures
Nearby Intersections
Midland & Kingston (90)
Kingston & Brimley (25)
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 108'
Fronting
East
Taxes
$4,957 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.06' x 14.14' | Hardwood Floor |
| Kitchen | Main | 9.55' x 10.53' | Vinyl Floor |
| Prim Bdrm | Main | 10.60' x 11.19' | Hardwood Floor |
| 2nd Br | Main | 8.76' x 11.19' | Hardwood Floor |
| Living | 2nd | 10.40' x 17.09' | Laminate |
| Kitchen | 2nd | 7.58' x 10.66' | Laminate |
| Prim Bdrm | 2nd | 9.02' x 11.22' | Laminate |
| 2nd Br | 2nd | 9.55' x 10.53' | Laminate |
| Living | Bsmt | 10.40' x 17.06' | Vinyl Floor |
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Scarborough Market Statistics
Scarborough Price Trend
2563 Kingston Rd is a 4-bedroom 3-bathroom home listed for sale at $1,295,000, which is $561,086 (30.2%) lower than the average sold price of $1,856,086 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $111,496 (5.7%) compared to the previous 30 day period (September 23 - October 22) and down $100,722 (5.1%) from the same time one year ago.Inventory Change
There were 526 4-bedroom homes listed in Scarborough over the last 30 days (October 23 - November 21), which is down 21.6% compared with the previous 30 day period (September 23 - October 22) and up 9.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($34,194) (1.8%) below asking price over the last 30 days (October 23 - November 21), which represents a $6,080 decrease compared to the previous 30 day period (September 23 - October 22) and ($60,508) more 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 (October 23 - November 21) stood at 54.8%, up from 46.3% over the previous 30 days (September 23 - October 22) and up from 48.8% 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 23 days when successfully sold over the last 30 days (October 23 - November 21), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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