517 Kingston Road Unit 4, Toronto E02

Price: $1,174,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13168852

Your dream life near the beach is not out of reach! Welcome to 517 Kingston Rd. Unit 4, a purpose-built 3-storey loft with views you could only imagine. Step into the foyer, perfect for leaving your coats & shoes out of sight, & up the stairs & feel your jaw drop. Sky high ceilings & huge south-facing windows make this space feel airy & special - you don't come across a loft like this every day. The main level is open concept with a modern kitchen with stainless steel appliances, a Spanish tile backsplash, & a breakfast bar - perfect for chatting with your guests while you cook up a storm. The dining room is large enough for your ideal dinner party guest list. The living room has tons of space for your perfect lounging vignette & features a cozy gas fireplace. And did we mention the windows? Don't worry - the blinds are motorized! Also on the main level find the guest bedroom complete with a three-piece ensuite bathroom. When you're ready, head upstairs (with storage underneath!) & check out the huge primary bedroom complete with a 5-piece ensuite bathroom, a large closet, & a massive separate laundry room with custom built-in shelving. Now that's convenient! The real pièce de résistance? Head up the metal stairs to the breathtaking rooftop terrace with a BBQ gas line & sprawling views of the lush green neighbourhood & deep blue lake beyond! Imagine your summers up here hosting daytime BBQs & sunset soirées with family & friends. A large exclusive-use locker & dedicated underground parking round off this incredible loft. When it's time to finally step outside, you're in one of the east end's best & most family-friendly neighbourhoods. Woodbine Beach & Queen St. E. are a quick stroll away. Heading into our out of the city? Danforth GO Station is a 15-minute walk away & will bring you to Union Station in minutes, & hopping onto Lake Shore Blvd. E. takes no time at all. Ready to make your dreams come true? This dream loft by the beach may be the one for you!

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$1,174,900 - 517 Kingston Road Unit 4, The Beaches

Condo for Sale in The Beaches

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13168852
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
Exclusive
Exposure
North South
Balcony
Terrace
Listing Brokerage
REMAX CONNECT REALTY
Description

Your dream life near the beach is not out of reach! Welcome to 517 Kingston Rd. Unit 4, a purpose-built 3-storey loft with views you could only imagine. Step into the foyer, perfect for leaving your coats & shoes out of sight, & up the stairs & feel your jaw drop. Sky high ceilings & huge south-facing windows make this space feel airy & special - you don't come across a loft like this every day. The main level is open concept with a modern kitchen with stainless steel appliances, a Spanish tile backsplash, & a breakfast bar - perfect for chatting with your guests while you cook up a storm. The dining room is large enough for your ideal dinner party guest list. The living room has tons of space for your perfect lounging vignette & features a cozy gas fireplace. And did we mention the windows? Don't worry - the blinds are motorized! Also on the main level find the guest bedroom complete with a three-piece ensuite bathroom. When you're ready, head upstairs (with storage underneath!) & check out the huge primary bedroom complete with a 5-piece ensuite bathroom, a large closet, & a massive separate laundry room with custom built-in shelving. Now that's convenient! The real pièce de résistance? Head up the metal stairs to the breathtaking rooftop terrace with a BBQ gas line & sprawling views of the lush green neighbourhood & deep blue lake beyond! Imagine your summers up here hosting daytime BBQs & sunset soirées with family & friends. A large exclusive-use locker & dedicated underground parking round off this incredible loft. When it's time to finally step outside, you're in one of the east end's best & most family-friendly neighbourhoods. Woodbine Beach & Queen St. E. are a quick stroll away. Heading into our out of the city? Danforth GO Station is a 15-minute walk away & will bring you to Union Station in minutes, & hopping onto Lake Shore Blvd. E. takes no time at all. Ready to make your dreams come true? This dream loft by the beach may be the one for you!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,196.98/mo

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5%20%50%

5-yr fixed avg.

Principal: $939,920Interest: $619,174
Mortgage Amount$939,920
Total Interest$619,174
Est. Property Tax$832/mo
Total Cost$1,559,094

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

517 Kingston Road Unit 4, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$832
Insurance (est.)-$245
Net Cash Flow+$663

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $979/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,895 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    517 Kingston Road Unit 4, The… — $1,174,900 | Battaglia Team