2563 Kingston Road, Toronto - Sold for $1,025,000 | Modern Solution Realty

2563 Kingston Road, Toronto

2563 Kingston Road in Toronto - 5 bedroom, 3 bathroom. Sold for $1,025,000. Listed at $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!

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 2250 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 5 spaces
  • Property Taxes: $4,957.08/yr
  • Neighbourhood: Cliffcrest
  • Postal Code: M1M 1M1

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