PH1-580 Kingston Road, Toronto, ON

The Beaches, Toronto · MLS® E14097674

$898,000
For Sale
Just listed todayNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • EXCEPTIONAL PENTHOUSE LIVING WITH PANORAMIC CITY, LAKE & RAVINE VIEWS.
  • This stunning corner suite in the heart of The Beaches is wrapped in floor-to-ceiling windows, showcasing spectacular west-facing skyline views including the CN...
  • Soaring 10-ft ceilings and abundant natural light create an impressive sense of space throughout.
  • Beautifully upgraded with engineered white oak flooring, a striking two-sided gas fireplace, custom closets and pot lights throughout.
  • The chef-inspired kitchen features a generous island and natural stone counters, flowing seamlessly into the open-concept living and dining areas.

WELCOME TO PENTHOUSE 1! EXCEPTIONAL PENTHOUSE LIVING WITH PANORAMIC CITY, LAKE & RAVINE VIEWS! This stunning corner suite in the heart of The Beaches is wrapped in floor-to-ceiling windows, showcasing spectacular west-facing skyline views including the CN Tower, southwest lake views and serene north-facing ravine vistas. Offering just over 1,000 sq. ft. of total space, this meticulously maintained residence has been thoughtfully upgraded throughout. Soaring 10-ft ceilings and abundant natural light create an impressive sense of space throughout. Step outside to the 128 sq. ft. private terrace, perfect for sunset evenings, entertaining and front-row views of the fireworks, complete with a gas BBQ hookup. Beautifully upgraded with engineered white oak flooring, a striking two-sided gas fireplace, custom closets and pot lights throughout. The chef-inspired kitchen features a generous island and natural stone counters, flowing seamlessly into the open-concept living and dining areas. Set within an intimate boutique building in a vibrant, walkable neighbourhood, with shops, cafes, parks and transit at your doorstep. Whether you're looking for more space without the maintenance of a house or ready to embrace the ease of elevated condo living, Penthouse 1 offers an exceptional combination of space, light, views and lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14097674
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Kingston Rd/West Of Main
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$951/mo
Exposure
South West
Property tax
$4,596 / 2026
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Living RoomMain3.56 × 3.06 m

hardwood floor · 2 way fireplace · pot lights

KitchenMain3.65 × 3.40 m

hardwood floor · centre island · overlooks ravine

Primary BedroomMain5.30 × 3.10 m

hardwood floor · 3 pc ensuite · irregular room

Bedroom 2Main2.60 × 2.40 m

hardwood floor · double closet · b/i shelves

Dining RoomMain2.76 × 2.58 m

hardwood floor · w/o to balcony · overlooks ravine

Our TakeTeam Asgarian · Broker
A small discount is typical
$875Klikely sale price

Listed at $898,000. 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 $875K, if it sells. A realistic range is $824K to $947K.

Independent value check: $912K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $849K and $959K).

Why $912K. The typical condo sold in East End-Danforth over the past year went for about $800K (53 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,596 a year; the typical home sold here pays about $4,000.
  • ▲ Raises itIt is 900 to 999 sq ft; the typical home sold here is 800 to 899.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$824KBelow recent closings$947KAbove recent closings

Total price vs nearby homes. Likely closing about $875K, 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
$2,938/moest. rent · 189 leases
3.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 6 months of inventory: 10 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 $946/sqft against an area asking average of $783/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part 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 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 $732K. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Malvern Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 3 homes sold in this building over the past two years, plus 2 nearby in East End-Danforth, from 64 closings in East End-Danforth.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,805 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$540K886

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.

Moss Park
$633K
Waterfront Communities C8
$570K
Church-Yonge Corridor
$659K
Bay Street Corridor
$479K
Waterfront Communities C1
$750K

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 Bowmore Road Junior and Senior Public School
64%
Bowmore Road Junior and Senior Public SchoolPublic · Elementary · 1.2 km awayBelow the GTA average · 64% meet the provincial standard
Beaches Alternative Junior SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Kimberley Junior Public School · Public elementary0.4 km · 82% at standard
Williamson Road Junior Public School · Public elementary0.5 km · 78% at standard
Glen Ames Senior Public School · Public elementary0.5 km
Norway Junior Public School · Public elementary0.5 km · 85% at standard
Notre Dame Catholic High School · Catholic secondary0.6 km · 82% at standard
Balmy Beach Community School · Public elementary0.9 km · 88% at standard
St Denis Catholic School · Catholic elementary1.1 km · 90% at standard
Adam Beck Junior Public School · Public elementary1.1 km · 73% at standard
Kew Beach Junior Public School · Public elementary1.2 km · 85% at standard
Gledhill Junior Public School · Public elementary1.2 km · 76% at standard
William J McCordic School · Public elementary1.3 km
Neil McNeil High School · Catholic secondary1.4 km · 76% at standard

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

Affordability & Mortgage

Affordability
$4,093/mo
$189KIncome needed
4.7×Price ÷ income
$944Weekly cost
$28,870Land 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 $4,093Property tax $383Condo fee $951Total carry $5,427

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)
$3,972per month

Mortgage amount $718,400 · 4.49% over 25 years

$179,600Down payment (20.0%)
$718,400Loan before insurance
$0CMHC premium
$5,306Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,972
Property tax
$383
Condo / maintenance fees
$951
Heating
$0
Estimated monthly cost
$5,306

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

One-time closing costs

Ontario land transfer tax
$14,435
Toronto municipal land transfer tax
$14,435
Estimated closing costs
$28,870

Plus your down payment of $179,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,808/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

$473,247Total interest paid
$1,191,647Total of all payments
Principal $718,400 Interest $473,247
YearPrincipalInterestBalance
1$16,032$31,634$702,368
2$16,760$30,906$685,609
3$17,520$30,145$668,088
4$18,316$29,350$649,772
5$19,148$28,518$630,625
6$20,017$27,649$610,608
7$20,926$26,740$589,682
8$21,876$25,790$567,806
9$22,869$24,797$544,937
10$23,908$23,758$521,029
11$24,993$22,673$496,036
12$26,128$21,538$469,908
13$27,314$20,352$442,594
14$28,554$19,112$414,040
15$29,851$17,815$384,189
16$31,206$16,460$352,983
17$32,623$15,043$320,360
18$34,104$13,562$286,256
19$35,653$12,013$250,603
20$37,271$10,394$213,332
21$38,964$8,702$174,368
22$40,733$6,933$133,635
23$42,582$5,084$91,053
24$44,516$3,150$46,537
25$46,537$1,129$0

At the end of your 5-year term

Total paid over the term
$238,329
Principal paid down
$87,775
Interest paid
$150,554
Balance remaining
$630,625

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 189 whole-home leases in East End-Danforth$2,938/mo
$35,256Gross annual rent
1.6%Cap rate after taxes and upkeep
$2,791 to $3,085Typical 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 189 whole-home leases in East End-Danforth signed at a median of $2,483 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,938. 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.

3.9%
Gross yield
− Property tax $4,596− Condo fees $11,417− Insurance $600− Vacancy & upkeep $3,878Net operating income $14,764

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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