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Listed by Re/Max Hallmark Realty Ltd..
1563/65 Kingston Road is a Duplex, 2-Storey and is currently for Sale @ $829,000. Taxes in 2023 were $3,684.50.
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Calling all investors! Great Opportunity For Savvy Buyers! This Duplex With 3 Separate Entrance Units (Metered Separately) Is Perfect For Income Potential. The 2-Storey on 1563/65 Kingston Road has 4 bedrooms, 3 bathrooms, and is located on a 125.00 x 17.62 ft lot in the community of Birchcliffe-Cliffside . 1764 sqft as per MPAC. All Units Currently Rented! Great Income! Recently Renovated And Painted In All Units. 2 Laneway Parking Spaces In Rear. Bright And Spacious With Modern Bathrooms. Convenient Location Close To Schools, Parks, Shopping And Ttc At Your Doorstep. Close To Bluffers Park And Beach. This area is part of the City's Intensification planning. Precedent for assembly. Absolutely phenomenal long term density opportunity!
Full Financials available upon request. Fully tenanted: $1825/upper $2150 main $1495/ basement monthly in fixed leases. Total monthly income: $5470. Annual Income: $65,640. Tenants are paying hydro!
The address 1563/65 Kingston Road was listed for sale (MLS# E8249242) on Thursday, April 18, 2024.
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