56 Kingswood Road, Toronto E02

Price: $1,499,000

4 bedrooms, 1 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13150482

Opportunity knocks on one of the Beach's most sought-after streets. Set on a rare 50 ft west-facing lot, this detached 4-bedroom home filled with character offers beautiful lake views from multiple areas of the property, a spacious layout, and an incredible opportunity in a prime Beach location. Filled with natural light, the home features a warm and inviting main living space with a fireplace, while the walkout to the back deck and private backyard creates the perfect setting for entertaining, relaxing, or family living.Whether enjoyed as-is, updated over time, or reimagined entirely, the potential here is undeniable. Surrounded by many of the neighbourhood's most coveted homes and located within the highly regarded Balmy Beach school district, this is a rare opportunity just steps to the lake, boardwalk, parks, and the shops and restaurants along Queen Street East.

56 Kingswood Road - Detached photo 1 of 29 in The Beaches / Upper Beaches, Ontario
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$1,499,000 - 56 Kingswood Road, The Beaches

Detached for Sale in The Beaches

Neighbourhood: The Beaches

4Beds
1Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13150482
Property Type
Detached
Status
active
Days on Site
29
Bedrooms
4
Bathrooms
1
Square Feet
2,000 - 2,499 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Opportunity knocks on one of the Beach's most sought-after streets. Set on a rare 50 ft west-facing lot, this detached 4-bedroom home filled with character offers beautiful lake views from multiple areas of the property, a spacious layout, and an incredible opportunity in a prime Beach location. Filled with natural light, the home features a warm and inviting main living space with a fireplace, while the walkout to the back deck and private backyard creates the perfect setting for entertaining, relaxing, or family living.Whether enjoyed as-is, updated over time, or reimagined entirely, the potential here is undeniable. Surrounded by many of the neighbourhood's most coveted homes and located within the highly regarded Balmy Beach school district, this is a rare opportunity just steps to the lake, boardwalk, parks, and the shops and restaurants along Queen Street East.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,630.58/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

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

Discover The Beaches

The 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

  • 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 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

56 Kingswood Road, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$1,926

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

Competitive Pricing

At $750/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 29 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.

Detached Home Advantages

Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to The Beaches. Good resale value as demand remains consistent.

About The Beaches

I know The Beaches well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    56 Kingswood Road | $1,499,000 | Battaglia Team