The View Beach Residences | 507 Kingston Rd
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The View Beach Residences 507 Kingston Rd
30 Unit Apartment Building For Sale Toronto, ON M4L 1V5
Executive Summary
Colliers International, on behalf of Fiera Capital, is pleased to offer the opportunity to acquire 507-511 Kingston Road (the “Property” or “Site”), a 14,876-square-foot redevelopment site located in Toronto’s Beaches community. The Property is Site Plan Approved for a mid-rise, 8-storey residential building, delivering 90 residential units and offering a total Gross Floor Area of 64,874 square feet with a density of 4.85 FSI.
The Property offers a streamlined entry for developers, with over $2.3 million in soft costs already covered by the previous developer, significantly reducing upfront investment and expediting the development timeline. With its Site Plan Approval and favorable zoning, this is a truly ready-to-build opportunity in one of Toronto’s most sought-after locations.
The surrounding condo market is experiencing strong demand, with pre-construction sales in the area reaching $1,250 per square foot. This trend, combined with the Property’s strategic location and design, underscores the development’s potential for premium pricing and high buyer interest.
The Property offers a streamlined entry for developers, with over $2.3 million in soft costs already covered by the previous developer, significantly reducing upfront investment and expediting the development timeline. With its Site Plan Approval and favorable zoning, this is a truly ready-to-build opportunity in one of Toronto’s most sought-after locations.
The surrounding condo market is experiencing strong demand, with pre-construction sales in the area reaching $1,250 per square foot. This trend, combined with the Property’s strategic location and design, underscores the development’s potential for premium pricing and high buyer interest.
Property Facts
| Sale Type | Investment | Lot Size | 0.31 AC |
| No. Units | 30 | Building Size | 64,874 SF |
| Property Type | Multifamily | No. Stories | 8 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Mid Rise | Parking Ratio | 0.87/1,000 SF |
| Building Class | A |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | A |
| Lot Size | 0.31 AC |
| Building Size | 64,874 SF |
| No. Stories | 8 |
| Year Built | 2024 |
| Parking Ratio | 0.87/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 19 | - | - |
| 3+2 | 11 | - | - |
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Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (79)
zoning
| Zoning Code | R (d2.0) |
| R (d2.0) |
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The View Beach Residences | 507 Kingston Rd
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