533 Kingston Road Toronto, Ontario M4L 1V5
$1,409,000
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 (id:63203)
Property Details
| MLS® Number | E13151470 |
| Property Type | Multi-family |
| Community Name | The Beaches |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 7 |
| Amenities | Separate Electricity Meters |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Flooring Type | Ceramic, Carpeted, Hardwood |
| Foundation Type | Concrete |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 89 Ft ,1 In |
| Size Frontage | 26 Ft ,6 In |
| Size Irregular | 26.5 X 89.1 Ft |
| Size Total Text | 26.5 X 89.1 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Kitchen | 2.4 m | 6.88 m | 2.4 m x 6.88 m |
| Lower Level | Bedroom | 3.01 m | 3.1 m | 3.01 m x 3.1 m |
| Lower Level | Bedroom | 3.01 m | 2.86 m | 3.01 m x 2.86 m |
| Lower Level | Living Room | 3.65 m | 3.04 m | 3.65 m x 3.04 m |
| Lower Level | Dining Room | 2.68 m | 3.99 m | 2.68 m x 3.99 m |
| Main Level | Living Room | 3.15 m | 4.78 m | 3.15 m x 4.78 m |
| Main Level | Kitchen | 5.86 m | 4.16 m | 5.86 m x 4.16 m |
| Main Level | Bedroom | 3.82 m | 3.24 m | 3.82 m x 3.24 m |
| Main Level | Bedroom | 3.25 m | 4.83 m | 3.25 m x 4.83 m |
| Upper Level | Dining Room | 3.7 m | 2.93 m | 3.7 m x 2.93 m |
| Upper Level | Bedroom | 3.64 m | 3.34 m | 3.64 m x 3.34 m |
| Upper Level | Family Room | 3.3 m | 4.82 m | 3.3 m x 4.82 m |
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May 20 2026 08:16:15
Toronto Regional Real Estate Board
RE/MAX Ultimate Realty Inc.