56 Kingswood Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $1,499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 1 Bathroom
- Generous living space spanning 2000-2500 sqft on a premium 50 x 110 ft lot
- Features a unfinished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Other, Brick & Beam, Workbench
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
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.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Public Transit, School, Beach, Clear View
Interior Features
Other, Brick & Beam, Workbench
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 56 Kingswood Road, Toronto E02, ON M4E 3N5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,499,000 in Toronto, the legal minimum down payment is $299,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,455 also applies, bringing the total estimated land transfer taxes to $52,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
