2906-10 Kingston Road, Toronto, ON

Cliffcrest, Toronto · MLS® E12336727

$3,999,000
For Sale
Listed 340 days ago
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3Bedrooms
3Bathrooms
3Parking
1100-1500Sq Ft

About this home

Prime development opportunity on Kingston Rd! This 120 x 130 ft lot (15,600 sq. ft.) offers immense potential for investors, developers, and builders.Located in a high-growth area, this property is zoned RD, permitting a wide range of uses beyond residential, including community centres, day nurseries, group homes, laneway suites, libraries, places of worship, private home daycares, secondary suites, short-term rentals, transportation uses, and more.With new city street studies in progress and high-rise developments getting approved along major streets in Scarborough, this site presents a rare opportunity for future intensification. Dont miss out on this prime location with flexible zoning and future growth potential. Do not walk the lot or knock on the door without an appointment.

Key facts

Property type
Detached, Bungalow
MLS®
E12336727
Bedrooms
3
Bathrooms
3
Size
1100-1500
Lot
120 × 130 ft
Cross streets
Kingston Rd & McCowan Rd
Parking
3 parking
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,599 / 2024
Days on market
340
Listing brokerage
JOHNSTON & GREEN REAL ESTATE LTD.
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Eastview Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Kingston Rd at Celeste Dr East Side - Guildwood GO Station is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.06Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

145 Parkview Avenue$1.20M4 Gatesgill Crescent$1.08M20 Tayrow Road$900k

The 3 closest active listings nearby.

See all comparable homes
4.00MThis home1.20M1.08M900kThis home vs active comparables
Live market pulseActive comparables in Cliffcrest · median list $900K
$3,076this home / sqft
15active listings nearby
340days on market

339 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Cliffcrest, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

70/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Kingston Rd at Celeste Dr East Side - Guildwood GO Station, about 38 m away

20+ transit stops3 grocery20+ dining15 parks12 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Eastview Public School
52%
Eastview Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 52% meet the provincial standard
Maplewood High SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18,226/mo
$702KIncome needed
5.7×Price ÷ income
$4,206Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

98%mortgage
Mortgage $18,226Property tax $383Total carry $18,609

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,072per month

Mortgage amount $3,199,200 · 4.14% over 25 years

$799,800Down payment (20.0%)
$3,199,200Loan before insurance
$0CMHC premium
$17,455Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,072
Property tax
$383
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,455

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$86,450
Toronto municipal land transfer tax
$96,440
Estimated closing costs
$182,890

Plus your down payment of $799,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$20,736/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,922,436Total interest paid
$5,121,636Total of all payments
Principal $3,199,200 Interest $1,922,436
YearPrincipalInterestBalance
1$74,946$129,919$3,124,254
2$78,081$126,784$3,046,173
3$81,347$123,518$2,964,826
4$84,750$120,116$2,880,076
5$88,295$116,571$2,791,781
6$91,988$112,877$2,699,793
7$95,836$109,030$2,603,958
8$99,844$105,021$2,504,113
9$104,021$100,845$2,400,093
10$108,372$96,494$2,291,721
11$112,905$91,961$2,178,816
12$117,627$87,238$2,061,189
13$122,548$82,318$1,938,641
14$127,673$77,192$1,810,968
15$133,014$71,852$1,677,954
16$138,578$66,288$1,539,376
17$144,374$60,491$1,395,002
18$150,413$54,452$1,244,589
19$156,705$48,161$1,087,885
20$163,259$41,606$924,625
21$170,088$34,777$754,537
22$177,203$27,663$577,334
23$184,615$20,251$392,719
24$192,337$12,528$200,382
25$200,382$4,483$0

At the end of your 5-year term

Total paid over the term
$1,024,327
Principal paid down
$407,419
Interest paid
$616,908
Balance remaining
$2,791,781

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
0.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

0.7%
Gross yield
− Property tax $4,599− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,565

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of JOHNSTON & GREEN REAL ESTATE LTD.. MLS®/PropTx.

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