4651C Kingston Rd
West Hill, Scarborough, M1E 2P8
FOR SALE
$759,900
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Property Description
Discover this well-maintained Scarborough gem, perfect for multigenerational living or a fantastic income-generating opportunity! This home features three separate units, each with its own full kitchen and a spacious bedroom, making it ideal for extended families or investors looking to maximize rental income. Basement potential rental rate is $1800, Main Floor potential rental rate is $2,000 and 3rd floor potential rental rate is $2,000. Total rental income of $5,800. Live in one unit and rent out the other two and have your mortgage paid for you! This home has unlimited potential! With 3 parking spots and an unbeatable location, you're just 2 minutes to Hwy 2A, 5 minutes to Hwy 401, and minutes from UTSC, Centennial College, and Centenary Hospital, making it highly attractive for tenants. Plus, you're just minutes from Lake Ontario, parks, restaurants, grocery stores, and shopping. A rare find, must see!
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
19' x 108'
Fronting
South
Taxes
$3,462 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Ground | 9.84' x 18.86' | |
| Living | Ground | 10.83' x 11.81' | |
| Br | Ground | 9.19' x 11.98' | |
| Kitchen | Main | 8.53' x 11.48' | |
| Living | Main | 8.53' x 18.04' | |
| Br | Main | 10.01' x 11.48' | |
| Kitchen | 2nd | 8.20' x 9.19' | |
| Living | 2nd | 10.17' x 20.67' | |
| Br | 2nd | 10.83' x 14.27' |
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Scarborough Market Statistics
Scarborough Price Trend
4651C Kingston Rd is a 3-bedroom 3-bathroom townhome listed for sale at $759,900, which is $330,310 (30.3%) lower than the average sold price of $1,090,210 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom townhome in Scarborough increased by $139,688 (14.7%) compared to the previous 30 day period (December 22 - January 20) and up $136,754 (14.3%) from the same time one year ago.Inventory Change
There were 189 3-bedroom townhomes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 34.0% compared with the previous 30 day period (December 22 - January 20) and down 1.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Scarborough typically sold $15,323 (1.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $29,482 increase compared to the previous 30 day period (December 22 - January 20) and $9,499 more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom townhomes in Scarborough over the last 30 days (January 21 - February 19) stood at 41.3%, down from 55.3% over the previous 30 days (December 22 - January 20) and down from 50.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Scarborough stood at 29 days when successfully sold over the last 30 days (January 21 - February 19), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Tony K Real Estate
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