533 Kingston Road
The Beaches, Toronto, M4L 1V5
FOR SALE
$1,409,000

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5 + 2
BEDROOMS3
BATHROOMS3
KITCHENS11 + 5
ROOMSE13151470
MLSIDContact Us
Property Description
533 Kingston Rd presents an exceptional opportunity to own a fully self-contained 3-unit income property in a rapidly developing Upper Beaches location near Kingston Rd & Lee Ave. Priced to sell at over a 4% cap rate and with ~$75K in annual rental income, this well-maintained investment property offers strong income potential and long-term upside in one of Toronto's most vibrant east-end communities. Financials attached. Featuring three spacious units, including a rare and highly desirable 3-bedroom upper suite, the property is well-positioned to attract consistent tenant demand. The lower and upper units have undergone recent renovations with updated finishes throughout, while the main level is well-maintained and offers excellent functionality. Updated mechanics include a newer boiler with radiant heat throughout. Shared laundry is conveniently located on-site, and the property includes 3 fridges, 3 stoves, and 3 dishwashers, making this a turnkey investment opportunity. The property also features 2 separate meters and 2 separate services with potential for a third. Ideally located steps to transit at your doorstep, local cafés, restaurants, and shops along Kingston Road, and within walking distance to the Beach and waterfront trails, this vibrant, community-oriented neighbourhood continues to experience strong growth and redevelopment, supporting excellent long-term appreciation and consistent rental demand
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Property Features
Separate Hydro Meter, None
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Property Details
Address
533 Kingston Road
Community
City
Postal Code
M4L 1V5
Property Type
Multiplex, Multiplex
Lot Size
26' x 89'
Taxes
$6,583 (2025
Basement
Apartment
Heat Type
Water
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Re/Max Ultimate Realty Inc.
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