304-716 Kingston Road, Toronto, ON

The Beaches, Toronto · MLS® E14004224

$589,000
For Sale
Listed 6 days agoNo offer date stated
2Bedrooms
1Bathrooms
1Parking
600-699Sq ft

About this home

In short

  • Set within an intimate boutique building, this sun-drenched two-bedroom residence at 716 Kingston Road offers a rare blend of light, layout, and location in Toronto's...
  • Positioned just steps from TTC buses, Main Street TTC station, and Danforth GO Train, commuting downtown is effortless, while nature lovers will appreciate being...

Set within an intimate boutique building, this sun-drenched two-bedroom residence at 716 Kingston Road offers a rare blend of light, layout, and location in Toronto's coveted Upper Beaches corridor. The south-facing suite maximizes natural sunlight throughout the day and features a thoughtfully designed, efficient floor plan that opens seamlessly onto a private balcony. Complete with an included parking space and private storage locker, this home offers quiet, low-density living without sacrificing urban convenience. Positioned just steps from TTC buses, Main Street TTC station, and Danforth GO Train, commuting downtown is effortless, while nature lovers will appreciate being minutes from Woodbine Beach, the boardwalk, and the serene trails of Glen Stewart Ravine. Surrounded by iconic local spots like The Big Carrot, cozy neighborhood cafes, and vibrant dining options, this bright sanctuary isn't just a condo-it's a rare boutique living experience in one of the east end's most walkable and sought-after neighborhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14004224
Bedrooms
2
Bathrooms
1
Size
600-699 sq ft
Cross streets
Kingston Rd & Southwood Dr
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Maintenance
$705/mo
Exposure
South
Property tax
$2,310 / 2026
Days on market
6
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

Primary BedroomMain3.11 × 2.88 m

south view · closet · california shutters

Bedroom 2Main2.73 × 2.81 m

south view · closet

KitchenMain3.51 × 2.05 m

stainless steel appl · open concept

Dining RoomMain3.23 × 2.54 m

combined w/kitchen · open concept

Living RoomMain3.28 × 3.49 m

w/o to balcony · open concept · south view

Our TakeTeam Asgarian · Broker
A small discount is typical
$574Klikely sale price

Listed at $589,000. Going by how homes in East End-Danforth and the wider GTA have actually closed against their asking prices (about 98%, 5 local closings in 90 days), the likely sale price is near $574K, if it sells. A realistic range is $541K to $621K.

Independent value check: $515K. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $479K and $541K).

Why $515K. The typical condo sold in East End-Danforth over the past year went for about $800K (53 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,310 a year; the typical home sold here pays about $4,000.
  • ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 800 to 899.
  • ▼ Lowers it2 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▲ Raises it slightlyIts maintenance fee is $705 a month; the typical unit sold here pays about $970.
List price
$541KBelow recent closings$621KAbove recent closings

Total price vs nearby homes. Likely closing about $574K, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$682Kmedian sold price
103%of asking, on average
+32%prices vs a year ago
~57 dayshomes like this take to sell
6days on market so far
$2,330/moest. rent · 269 leases
4.7%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 9.6 months of inventory: 16 condo apartment homes for sale in the area against 5 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 $907/sqft against an area asking average of $796/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 and this building.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $415K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
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.

Based on 5 comparable homes that sold in East End-Danforth over the past two years, from 64 closings there.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

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.

North St. James Town
$765K
Waterfront Communities C8
$554K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 Malvern Collegiate Institute
87%
Malvern Collegiate InstitutePublic · Secondary · 0.4 km awayHigher-rated than most nearby · 87% meet the provincial standard
Beaches Alternative Junior SchoolEQAO results not published
Glen Ames Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Notre Dame Catholic High School · Catholic secondary0.3 km · 82% at standard
Kimberley Junior Public School · Public elementary0.4 km · 82% at standard
Williamson Road Junior Public School · Public elementary0.6 km · 78% at standard
Balmy Beach Community School · Public elementary0.6 km · 88% at standard
Adam Beck Junior Public School · Public elementary0.7 km · 73% at standard
St Denis Catholic School · Catholic elementary0.9 km · 90% at standard
Norway Junior Public School · Public elementary0.9 km · 85% at standard
Neil McNeil High School · Catholic secondary1.0 km · 76% at standard
Blantyre Public School · Public elementary1.1 km · 71% at standard
William J McCordic School · Public elementary1.3 km
St Nicholas Catholic School · Catholic elementary1.3 km · 61% at standard
Kew Beach Junior Public School · Public elementary1.4 km · 85% at standard

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

Affordability & Mortgage

Affordability
$2,684/mo
$125KIncome needed
4.7×Price ÷ income
$619Weekly cost
$16,510Land 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.

75%mortgage
Mortgage $2,684Property tax $192Condo fee $705Total carry $3,581

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)
$2,605per month

Mortgage amount $471,200 · 4.49% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$3,503Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,605
Property tax
$193
Condo / maintenance fees
$705
Heating
$0
Estimated monthly cost
$3,503

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

One-time closing costs

Ontario land transfer tax
$8,255
Toronto municipal land transfer tax
$8,255
Estimated closing costs
$16,510

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,153/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

$310,404Total interest paid
$781,604Total of all payments
Principal $471,200 Interest $310,404
YearPrincipalInterestBalance
1$10,515$20,749$460,685
2$10,993$20,272$449,692
3$11,492$19,772$438,200
4$12,013$19,251$426,187
5$12,559$18,705$413,628
6$13,129$18,135$400,499
7$13,725$17,539$386,774
8$14,348$16,916$372,425
9$15,000$16,264$357,425
10$15,681$15,583$341,744
11$16,393$14,871$325,351
12$17,137$14,127$308,214
13$17,915$13,349$290,298
14$18,729$12,535$271,570
15$19,579$11,685$251,990
16$20,468$10,796$231,522
17$21,398$9,867$210,125
18$22,369$8,895$187,756
19$23,385$7,879$164,371
20$24,446$6,818$139,925
21$25,556$5,708$114,368
22$26,717$4,547$87,651
23$27,930$3,334$59,722
24$29,198$2,066$30,524
25$30,524$740$0

At the end of your 5-year term

Total paid over the term
$156,321
Principal paid down
$57,572
Interest paid
$98,749
Balance remaining
$413,628

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 269 whole-home leases in East End-Danforth$2,330/mo
$27,960Gross annual rent
2.3%Cap rate after taxes and upkeep
$2,214 to $2,447Typical rent range
~23 daysTo find a tenant, on average

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 269 whole-home leases in East End-Danforth signed at a median of $2,295 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,330. 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.

4.7%
Gross yield
− Property tax $2,310− Condo fees $8,454− Insurance $600− Vacancy & upkeep $3,076Net operating income $13,521

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

CallRequest a showing