2563 Kingston RD new Save Request In-Person Tour Request Virtual Tour
Toronto E08,ON M1M 1M1
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Cliffcrest
MLS Listing ID E12234776
Style 2-Storey
Bedrooms 5
Building Age 51-99
Annual Tax Amount $4,957
Tax Year 2024
Property Sub-Type Triplex
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!
Location
Province ON
County Toronto
Community Cliffcrest
Area Toronto
Zoning RD (f15;a557*155)
Rooms
Family Room No
Basement Apartment,Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features None
Cooling Central Air
Inclusions 3 Fridges, 3 Stoves, 1 Central Air, 1 Washer, 1 (New) Dryer and All Electric Light Fixtures
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 107.63
Total Parking Spaces 5
Building
Foundation Unknown
Others
Senior Community Yes