2563 Kingston Road, Toronto, Ontario M1M 1M1 (28498632)
$1,100,000
Welcome to 2563 Kingston Rd - a fully leased cash-flowing triplex in the heart of Cliffside, offering immediate income and long-term upside! Generating $5,800/month in rent with tenants paying all utilities, this turnkey investment is ideal for savvy investors seeking strong returns in a rapidly appreciating Scarborough pocket. This detached property features three self-contained units: two spacious and freshly painted 2-bedroom suites on the main and upper levels, plus a bright, freshly painted 1-bedroom unit below. Situated on an oversized lot, the home includes 5 parking spaces, a detached garage with a brand new door, and a huge private backyard - fully fenced and full of potential. With laneway or garden suite possibilities, this property presents excellent value-add opportunities. Major updates include the roof (2018), furnace, A/C and windows (2010). The hot water tank is a rental. Perfectly located just steps to groceries, dining, shopping, parks, and the Scarborough Bluffs, with TTC at your doorstep and quick access to the GO station. This is a prime location for attracting and retaining great tenants. A solid investment in a high demand corridor - don't miss out. Easy to Show! (id:59911)
Property Details
| MLS® Number | E12234776 |
| Property Type | Multi-family |
| Neigbourhood | Scarborough |
| Community Name | Cliffcrest |
| Amenities Near By | Park, Place Of Worship, Public Transit, Schools |
| Community Features | Community Centre |
| Features | Irregular Lot Size |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Vinyl, Laminate |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 107 Ft ,7 In |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 107.6 Ft |
| Size Total Text | 50 X 107.6 Ft |
| Zoning Description | Rd (f15;a557*155) |
Interested in 2563 Kingston Road, Toronto, Ontario M1M 1M1?
Shayna List
Salesperson
www.shaynalist.com/
www.facebook.com/shaynalistrealestate
293 Eglinton Ave East
Toronto, Ontario M4P 1L3
(416) 485-2299
(416) 485-2722