558-562 Kingston Rd

Upper Beaches | Woodbine Corridor, East End, Toronto

558-562 Kingston Rd
558-562 Kingston Rd
558-562 Kingston Rd
+4
8+8
 bed
8
 bath
8
 parking
Loading
Loading
$5,998,000
Click to open the pre-gallery to get the direction
Directions
Size
-
Lot size
1273.51 sqm
Street frontage
N
Possession
tbd
Price per sqm
-
Taxes
$15,943.94 (2023)
Parking Type
-
Style
2-Storey
See what's nearby
Description
Truly exceptional opportunity for a future mid-rise development in the heart of the Toronto Beaches! Site plan submitted to City & under review for rezoning for an 8-storey building with 57 units (49 condo, 8 rental) & 21 underground parking spots. Total lot size 91x150 ft with development potential of 37,800 sf (buyer to verify with City). Backs onto beautiful ravine setting (**submitted site plans have been approved by TRCA for the distance of the proposed building to the ravine slope**) Existing lots each currently have a fourplex with a combined total of 8 two-bedroom rental units with total gross income of $184,272/yr. Incredible location with TTC at your doorstep! Short walk to Queen Street and the beach! Just steps to the trendy shops & restaurants of Kingston Road Village! Quick access to the downtown core and highways!

EXTRAS: Property Brochure and Site Plans available upon request. Existing building street addresses are 558/560 Kingston Rd and 562/564 Kingston Rd -- registered as 558 Kingston Rd & 562 Kingston Rd
Broker: RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
MLS®#: E8309972
Property details
Parking:
8
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
27.74 M
Lot depth:
46.02 M
Listed on:
May 7, 2024
Show all details
Rooms
LevelNameSizeFeatures
Flat
Living
0.0 x 0.0 m
Flat
Dining
0.0 x 0.0 m
Flat
Kitchen
0.0 x 0.0 m
Flat
Br
0.0 x 0.0 m
Flat
2nd Br
0.0 x 0.0 m
Show less
Colleen Doiron
Sales Representative
Property.ca Inc., Brokerage
647-558-9810
© Property.ca Inc., Brokerage
MLS#: E8309972
Listed by RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.

About 558-562 Kingston Rd

558-562 Kingston Rd is a Toronto multiplex for sale, near Kingston Rd and Lee Ave. 558-562 Kingston Rd has an asking price of $5998000, and has been on the market since May 2024. This multiplex has 8+8 beds and 8 bathrooms. Situated in Toronto's Upper Beaches | Woodbine Corridor neighbourhood, Main & Danforth / Danforth Village, The Beach, Woodbine-Lumsden and Little India are nearby neighbourhoods.

Looking for your next favourite place to eat? There is a lot close to 562 Kingston Rd, Toronto, like Beach Hill Smokehouse, Blue River House and Fearless Meat, just to name a few. Grab your morning coffee at Tim Hortons located at 637 Kingston Road. Groceries can be found at The Big Carrot which is not far and you'll find Vitality Compounding Pharmacy a 9-minute walk as well. 562 Kingston Rd, Toronto is a 7-minute walk from great parks like Glen Stewart Ravine, Merrill Dog Park and Kew Gardens. Schools are readily available as well with Malvern Collegiate Institute and Avalon Children's Montessori School a 7-minute walk.

For those residents of 562 Kingston Rd, Toronto without a car, you can get around rather easily. The closest transit stop is a BusStop (KINGSTON RD AT LEE AVE) and is only steps away, but there is also a Subway stop, MAIN STREET STATION - WESTBOUND PLATFORM, a 11-minute walk connecting you to the TTC. It also has (Bus) route 22 Coxwell, (Bus) route 322 Coxwell Night Bus, and more nearby. If you're driving from 562 Kingston Rd, you'll have decent access to the rest of the city by way of Don Valley Parkway as well, which is within a few minutes drive using Don Mills Rd ramps.