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
Rooms
Family Room No
Basement Apartment,Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
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
Unit Features Fenced Yard,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School
Foundation Unknown