6244 Kingston Road, Toronto E10

Price: $2,200,000

2 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12969192

Great Rental Apt Development Opportunity In The Dynamic Highland Creek Community! We Sell W ZAP in your hand to create 20 Rental unit . Zoning certificate included in the price. Get the permit and have 90% construction loan From CMHC(Some condition Applies).At the final after occupancy you can have mortgage from CMHC with less than the market rate and be owner with $ 0 on the property. Great investment property. The Pac meeting with city on Nov18 has been done.

6244 Kingston Road - Detached photo 1 of 4 in Rouge / Port Union / Malvern, Ontario
6244 Kingston Road - Detached photo 2 of 4 in Rouge / Port Union / Malvern, Ontario
6244 Kingston Road - Detached photo 3 of 4 in Rouge / Port Union / Malvern, Ontario
6244 Kingston Road - Detached photo 4 of 4 in Rouge / Port Union / Malvern, Ontario
active
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$2,200,000 - 6244 Kingston Road, Rouge

Detached for Sale in Rouge

69 days on market
2Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12969192
Property Type
Detached
Status
active
Days on Site
69
Bedrooms
2
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Rouge / Port Union / Malvern
Lot Size
26,554 sqft
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Great Rental Apt Development Opportunity In The Dynamic Highland Creek Community! We Sell W ZAP in your hand to create 20 Rental unit . Zoning certificate included in the price. Get the permit and have 90% construction loan From CMHC(Some condition Applies).At the final after occupancy you can have mortgage from CMHC with less than the market rate and be owner with $ 0 on the property. Great investment property. The Pac meeting with city on Nov18 has been done.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,731.34/mo

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5-yr fixed avg.

Principal: $1,760,000Interest: $1,159,403
Mortgage Amount$1,760,000
Total Interest$1,159,403
Est. Property Tax$1,558/mo
Total Cost$2,919,403

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: Rouge / Port Union / Malvern

Discover Rouge / Port Union / Malvern

Rouge / Port Union / Malvern 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 Rouge / Port Union / Malvern

  • Convenient location in Rouge / Port Union / Malvern
  • 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

Rouge / Port Union / Malvern 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

6244 Kingston Road, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$1,558
Insurance (est.)-$458
Net Cash Flow+$384

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

Premium Pricing

At $2000/sqft, this property is priced above the Rouge average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 69 days on site, this property has exceeded the typical selling timeline for Rouge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Rouge 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.

Investment Perspective

Looking at this as an investment: Rouge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,167 (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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    MLS# E12969192 — 6244 Kingston Road | Battaglia Team