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The Beaches, Toronto
$1,269,000
Welcome to 761 Kingston Road in The Beaches! This is the cottage vibe with city living. This charming 3 plus 1 bed, 2 three-piece bathroom home offers approximately 1,500 sq. ft. of living space and an incredible combination of convenience, flexibility, and nature. Located just a 1-minute walk to the TTC, directly across from St. John Catholic School, and close to shops, markets, groceries, the YMCA, and other everyday amenities. The home features main-floor laundry, a recently finished basement with a tastefully renovated 1-bedroom apartment, two walkouts, and a dedicated laundry hookup for added convenience. Upstairs, the finished top floor offers flexible space with potential for a home office or additional room. Outside, enjoy a massive rear deck and private backyard backing onto beautiful forest views of the Glen Stewart Ravine, with direct access to the ravine trails and approximately a 15-minute walk to the beach. Parking is also a major bonus with 3 spaces - 1 garage and 2 driveway spaces. The property offers excellent potential for rental income, and the landlord can provide Airbnb performance numbers upon request for buyers interested in exploring the income potential.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,000 |
| Lot Size | 33.33 ft x 100 ft |
| mls© Number | E13744166 |
| Listed By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,495
- Property tax
- $333
- Heat allowance
- $150
- Housing costs
- $6,979 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$215,000
gross annual household income
- Payment at 4%
- $5,340 / mo
- Cash down
- $253,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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