527 Kingston Rd
The Beaches, Toronto, M4L 1V5
FOR SALE
$2,499,000
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9
BEDROOMS6
BATHROOMS6
KITCHENS23
ROOMSE10346728
MLSIDContact Us
Property Description
An exceptional opportunity to acquire a centrally located apartment asset within the Toronto Beaches. Excellent location, only a short Walk To The Beaches And Woodbine Park, close To Nearby Amenities including Retail, Restaurants And Shopping. Approx. 65% Rental Upside with the possibility To Add Multiple Units. Building details: 1 1+den and 5 2-bedroom units, 4 Parking Spots, Hydro Separately Metered, Gas Boiler Heating, Individual Hot Water Tanks.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-09 | 2024-06-13 | 156 | $2,499,000 | - | Terminated |
Nearby Intersections
Victoria Park & Danforth (128)
Woodbine & Kingston (41)
Kingston & Main (35)
Woodbine & Gerrard (36)
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
54' x 85'
Fronting
North
Taxes
$8,700 (2023)
Basement
None
Exterior
Brick, Stone
Heat Type
Other
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
527 Kingston Rd is a 9-bedroom 6-bathroom home listed for sale at $2,499,000, which is $646,000 (20.5%) lower than the average sold price of $3,145,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 9 bedroom home in Toronto increased by $1,046,112 (49.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,195,000 (61.3%) from the same time one year ago.Inventory Change
There were 7 9-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 22.2% compared with the previous 30 day period (September 21 - October 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Toronto typically sold ($54,900) (1.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $3,788 decrease compared to the previous 30 day period (September 21 - October 20) and ($140,000) 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 9-bedroom homes in Toronto over the last 30 days (October 21 - November 19) stood at 14.3%, up from 11.1% over the previous 30 days (September 21 - October 20) and down from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 6-bathroom home in Toronto stood at 6 days when successfully sold over the last 30 days (October 21 - November 19), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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