2563 KINGSTON ROAD new Save Request In-Person Tour Request Virtual Tour
Toronto (cliffcrest),ON M1M1M1
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $550
Subdivision Cliffcrest
MLS Listing ID E12234776
Bedrooms 5
Source Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 5.21 m X 3.17 m Living room
Extra Room 2 Second level 3.25 m X 2.31 m Kitchen
Extra Room 3 Second level 3.42 m X 2.75 m Primary Bedroom
Extra Room 4 Second level 3.21 m X 2.91 m Bedroom 2
Extra Room 5 Basement 5.2 m X 3.17 m Living room
Extra Room 6 Main level 4.31 m X 3.37 m Living room
Interior
Heating Forced air
Cooling Central air conditioning
Flooring Hardwood,Vinyl,Laminate
Exterior
Parking Features Yes
Fence Fenced yard
Community Features Community Centre
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2
Sewer Sanitary sewer