**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.
16 bedrooms, 8 bathrooms, about 5,000 sq ft, works out to roughly $740 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 558-562 Kingston Rd
Every detail from the listing, in one place.
Type
Fourplex
Style
Other
Living space
5000 + sq ftas stated on the listing
Parking
8 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Fourplex
558-562 Kingston Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14175660$3,700,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 558-562 Kingston Rd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$18,177
/mo
based on the purchase price of $3,700,000
$740,000 cash
$2,960,000 financed
$2,493,097 total interest
Principal54%$2,960,000
Interest46%$2,493,097
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 558-562 Kingston Rd
Homes for sale in Toronto
Every active Toronto MLS® listing, updated all day.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5171.1%On average, homes sold at or above asking.
Active listings14,139Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 16 – Aug 14, 2026: prices down.
Based on 9,167 sales from Aug 14 – Nov 12, 2026 (7,215 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 558-562 Kingston Rd
How much is 558-562 Kingston Rd listed for?
558-562 Kingston Rd is listed at $3,700,000 (MLS® E14175660). Summitly updates the price as soon as the MLS® record changes.
Is $3,700,000 a good price for 558-562 Kingston Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 558-562 Kingston Rd changed?
No — 558-562 Kingston Rd is still listed at its original asking price of $3,700,000.
How many bedrooms and bathrooms does 558-562 Kingston Rd have?
558-562 Kingston Rd has 16 bedrooms and 8 bathrooms, with about 5,000 square feet of living space. It is a fourplex in Toronto.
How much would the monthly mortgage be on 558-562 Kingston Rd?
About $18,177 a month — principal and interest on $3,700,000 with 20% down ($740,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 558-562 Kingston Rd compare with other homes in Toronto?
Its asking price of $3,700,000 is about 340% above the median sold price in Toronto over the last 90 days, $840,000, across 9,167 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 558-562 Kingston Rd been sold before?
Summitly has no earlier MLS® sale or lease of 558-562 Kingston Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 558-562 Kingston Rd?
558-562 Kingston Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 558-562 Kingston Rd been on the market?
558-562 Kingston Rd was listed today (November 12, 2026).
What is the price per square foot of 558-562 Kingston Rd?
About $740 per square foot: the asking price of $3,700,000 over the 5,000 sq ft the listing gives.
Does 558-562 Kingston Rd have parking or a garage?
Yes — the listing gives 8 parking spaces.
Does 558-562 Kingston Rd have a basement, and is it finished?
The listing says 558-562 Kingston Rd has no basement.