761 Kingston Road, Toronto, ON

The Beaches, Toronto · MLS® E13850172

$1,222,000
For Sale
Listed 18 days agoNo offer date stated
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3+2Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 761 Kingston Road in The Beaches.
  • This charming 3 plus 1 bed, 2 three-piece bathroom home offers approximately 1,500 sq. ft. of living space and an incredible combination of convenience, flexibility...
  • Located just a 1-minute walk to the TTC, directly across from St.
  • The home features main-floor laundry, a recently finished basement with a tastefully renovated 1-bedroom apartment, two walkouts, and a dedicated laundry hookup for...
  • Outside, enjoy a massive rear deck and private backyard backing onto beautiful forest views of the Glen Stewart Ravine, with direct access to the ravine trails and...

Welcome to 761 Kingston Road in The Beaches! This is the cottage vibe with city living. This charming 3 plus 1 bed, 2 three-piece bathroom home offers approximately 1,500 sq. ft. of living space and an incredible combination of convenience, flexibility, and nature. Located just a 1-minute walk to the TTC, directly across from St. John Catholic School, and close to shops, markets, groceries, the YMCA, and other everyday amenities. The home features main-floor laundry, a recently finished basement with a tastefully renovated 1-bedroom apartment, two walkouts, and a dedicated laundry hookup for added convenience. Upstairs, the finished top floor offers flexible space with potential for a home office or additional room. Outside, enjoy a massive rear deck and private backyard backing onto beautiful forest views of the Glen Stewart Ravine, with direct access to the ravine trails and approximately a 15-minute walk to the beach. Parking is also a major bonus with 3 spaces - 1 garage and 2 driveway spaces. The property offers excellent potential for rental income, and the landlord can provide Airbnb performance numbers upon request for buyers interested in exploring the income potential.

Key facts

Property type
Detached, 2-Storey
MLS®
E13850172
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
33.33 × 100 ft
Cross streets
Kingston Road & Woodbine
Parking
1 garage · 3 parking (attached)
Driveway
Private Double
Basement
Apartment, Finished with Walk-Out
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,000 / 2025
Days on market
18
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

KitchenMain3.37 × 2.33 m
Living RoomMain5.89 × 4.64 m
LoftThird7.31 × 5.00 m
OtherSecond2.46 × 0.81 m
Primary BedroomSecond4.62 × 3.45 m
BathroomSecond1.52 × 2.59 m
BedroomSecond3.20 × 3.55 m
OfficeSecond2.41 × 5.05 m
Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.22Mlikely sale price

Listed at $1,222,000. Going by how homes in The Beaches and the wider GTA have actually closed against their asking prices (about 100%, 17 local closings in 90 days), the likely sale price is near $1.22M, if it sells. A realistic range is $1.14M to $1.37M.

Independent value check: $1.05M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $985K and $1.10M).

Why $1.05M. The typical detached home sold in The Beaches over the past year went for about $2.15M (93 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,000 a year; the typical home sold here pays about $9,600.
  • ▼ Lowers it stronglyIt is 1,100 to 1,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it3+2 bedrooms and 2 baths, against 4+1 and 3 typically.
List price
$1.14MBelow recent closings$1.37MAbove recent closings

Total price vs nearby homes. Likely closing about $1.22M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$2.21Mmedian sold price
105%of asking, on average
+0%prices vs a year ago
~8 dayshomes like this take to sell
18days on market so far
$4,717/moest. rent · 14 leases
4.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 6 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $940/sqft against an area asking average of $1,263/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in The Beaches: 18 of the 122 detached leases here lately were basement units, around $1,825 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
  • Park / green-space backing. This home is described as backing onto a ravine or green setting, and the listing says so too. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.77M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Malvern Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($940/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 17 comparable homes that sold in The Beaches over the past two years, from 183 closings there.

What sellers nearby are askingCurrently listed nearby in The Beaches · asking prices
$1.53Mavg asking

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

Per square foot, these ask about $1,179/sqft; this home lists at $940/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.22MThis home1.30M1.50M1.80MThis home vs active comparables

Sold price trend

Median sold price for detached homes in The Beaches: $2.30M in September 2026, down 2% from a year ago, on 86 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.98M14
November 2025$2.65M5
February 2026$1.65M5
March 2026$2.44M8
April 2026$2.33M13
May 2026$2.15M10
June 2026$2.52M9
July 2026$2.25M7
August 2026$1.83M8
September 2026$2.30M7

Neighbourhood & location

The Beaches, 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.

Nearby neighbourhoods

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

Woodbine-Lumsden
$949K
Leaside
$2.15M
Wexford-Maryvale
$849K
Bendale
$949K
Banbury-Don Mills
$5.50M

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 Williamson Road Junior Public School
78%
Williamson Road Junior Public SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 78% meet the provincial standard
Glen Ames Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Notre Dame Catholic High School · Catholic secondary0.2 km · 82% at standard
Balmy Beach Community School · Public elementary0.5 km · 88% at standard
Beaches Alternative Junior School · Public elementary0.5 km
Kimberley Junior Public School · Public elementary0.5 km · 82% at standard
Adam Beck Junior Public School · Public elementary0.6 km · 73% at standard
St Denis Catholic School · Catholic elementary0.8 km · 90% at standard
Neil McNeil High School · Catholic secondary0.9 km · 76% at standard
Blantyre Public School · Public elementary1.0 km · 71% at standard
Norway Junior Public School · Public elementary1.1 km · 85% at standard
Courcelette Public School · Public elementary1.2 km · 77% at standard
William J McCordic School · Public elementary1.3 km
St Nicholas Catholic School · Catholic elementary1.3 km · 61% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,569/mo
$225KIncome needed
5.4×Price ÷ income
$1,285Weekly cost
$41,830Land transfer tax, one-time (Ontario + Toronto)
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.

94%mortgage
Mortgage $5,569Property tax $333Total carry $5,903

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,405per month

Mortgage amount $977,600 · 4.49% over 25 years

$244,400Down payment (20.0%)
$977,600Loan before insurance
$0CMHC premium
$5,739Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,405
Property tax
$333
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,739

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

One-time closing costs

Ontario land transfer tax
$20,915
Toronto municipal land transfer tax
$20,915
Estimated closing costs
$41,830

Plus your down payment of $244,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,542/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

$643,995Total interest paid
$1,621,595Total of all payments
Principal $977,600 Interest $643,995
YearPrincipalInterestBalance
1$21,816$43,048$955,784
2$22,806$42,057$932,978
3$23,842$41,022$909,136
4$24,924$39,939$884,211
5$26,056$38,808$858,155
6$27,239$37,625$830,916
7$28,476$36,388$802,440
8$29,769$35,095$772,671
9$31,120$33,743$741,551
10$32,533$32,330$709,018
11$34,011$30,853$675,007
12$35,555$29,309$639,452
13$37,169$27,695$602,283
14$38,857$26,007$563,426
15$40,621$24,243$522,805
16$42,465$22,398$480,340
17$44,393$20,470$435,946
18$46,409$18,455$389,537
19$48,516$16,348$341,021
20$50,719$14,145$290,302
21$53,022$11,842$237,280
22$55,429$9,434$181,851
23$57,946$6,918$123,905
24$60,577$4,287$63,328
25$63,328$1,536$0

At the end of your 5-year term

Total paid over the term
$324,319
Principal paid down
$119,445
Interest paid
$204,874
Balance remaining
$858,155

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
From 14 whole-home leases in The Beaches$4,717/mo
$56,604Gross annual rent
3.7%Cap rate after taxes and upkeep
$4,229 to $4,953Typical rent range
~17 daysTo find a tenant, on average

The suite is real income here: basements rent in The Beaches (18 of 122 recent detached leases were basement units, around $1,825 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,825 a month on top of the upper floors. Permitted use is worth confirming with the city.

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

Talk about the numbers

The last 14 whole-home leases in The Beaches signed at a median of $4,771 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,717. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.6%
Gross yield
− Property tax $4,000− Insurance $1,400− Vacancy & upkeep $6,226Net operating income $44,978

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

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