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Fourplex for Sale
East End-Danforth, Toronto, ON
**RARE INCOME-PRODUCING INVESTMENT OPPORTUNITY IN THE PRESTIGIOUS TORONTO BEACHES!** An exceptional opportunity to acquire two existing fourplex properties at 558 & 562 Kingston Road, featuring a combined total of 8 spacious two-bedroom rental apartments, generating approximately **$195,000 in annual gross rental income!** Both buildings are fully tenanted, offering an established rental income stream in one of Toronto's most desirable neighbourhoods.Situated on a generous combined lot of approximately **92.66 ft x 150 ft**, backing onto a beautiful ravine and located among existing mid-rise buildings. An excellent opportunity for investors seeking rental income today while considering the property's long-term investment value.**FUTURE REDEVELOPMENT CONSIDERATIONS:** Seller advises that a planning application for a proposed 57-suite mid-rise rental building has been submitted to the City. Any redevelopment would be subject to applicable zoning, municipal requirements and necessary approvals. No approval of the proposed development is represented.**PRIME LOCATION!** TTC at your doorstep, steps to Kingston Road Village, shops, cafés and restaurants, a short walk to Queen Street East and the Beach, with convenient access to downtown Toronto.**AN EXCEPTIONAL OPPORTUNITY TO ACQUIRE TWO ESTABLISHED INCOME-PRODUCING PROPERTIES IN A HIGHLY SOUGHT-AFTER LOCATION!** Existing municipal addresses: 558/560 and 562/564 Kingston Road.
Inclusions
All Current Structures And Appliances On The Properties Are In As Is Where Is Condition
Broker
SOLTANIAN REAL ESTATE INC.
Neighbourhood
East End-Danforth
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Fourplex
558-562 Kingston Road Toronto
East End-Danforth
Type
Fourplex
Basement
None
Parking
None (8)
Property Tax
~$18,045/yr
Heating
Radiant
Buying Essentials
Square Feet
5,000+ sqft
Facing Direction
South
Parking
None (8)
Finances
List Price
$3,700,000
Price per SQFT *
~$740/sqft
Property Tax
~$18,045/yr
* Price/SQFT is based on an approximation. Actual value may differ.
Property Specs
Property Type
Fourplex
MLS Size
5,000+ sqft
Basement
None
Living & Amenities
Heating Type
Radiant
Features
Other
Policies & Utilities
Neighbourhood
East End-Danforth
Listed On
Nov 12, 2026
Days on Market
Current: 1 days
Fireplace, W/O To Balcony, Window
12.3 x 14.4
178 sqft
Window
13.5 x 9.1
123 sqft
Window
13.8 x 8.5
118 sqft
W/O To Balcony
10.2 x 11.4
116 sqft
Window
8.8 x 12.6
111 sqft
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