527 Kingston Rd
The Beaches, Toronto, M4L 1V5
FOR SALE
$2,700,000
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9 + 4
BEDROOMS6
BATHROOMS6
KITCHENS23
ROOMSE7388794
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, 3 Parking Spots, Hydro Separately Metered, Gas Boiler Heating, Individual Hot Water Tanks.
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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
3
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 $2,700,000, which is $140,460 (4.9%) lower than the average sold price of $2,840,460 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 9 bedroom home in Toronto increased by $240,460 (9.2%) compared to the previous 30 day period (February 26 - March 26) and up $240,460 (9.2%) from the same time one year ago.Inventory Change
There were 11 9-bedroom homes listed in Toronto over the last 30 days (March 27 - April 25), which is up 83.3% compared with the previous 30 day period (February 26 - March 26) and up 266.7% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Toronto typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 27 - April 25), which represents a $59,540 decrease compared to the previous 30 day period (February 26 - March 26) and ($250,000) 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 (March 27 - April 25) stood at 9.1%, down from 16.7% over the previous 30 days (February 26 - March 26) and down from 33.3% 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 28 days when successfully sold over the last 30 days (March 27 - April 25), compared to 99 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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