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New2 hours ago

761 Kingston Road

The Beaches, Toronto

$1,269,000

Detached|2-Storey
3 | 2 | 3
About this home

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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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$4,000
Lot Size33.33 ft x 100 ft
mls© NumberE13744166
Listed ByROYAL 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.

Down payment20% · $253,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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