Type: Multiplex
Style: 2-Storey
Size: Sq Ft
Age: Years
Taxes: $ 6,583 ( 2025)
Updated: 2026-07-06 14:06:56
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 cafes, 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. Disclaimer: Photos of the upper unit were taken prior to the current tenancy. The unit is now occupied and will be furnished during showings.
Multiplex
Status: For Sale
MLS #: E13526126
Price: $ 1,329,000
Address: 533 Kingston Road
Type:
Style: 2-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 6,583
Tax Year: 2025
Lot Size:
Neighbourhood: The Beaches
Nearest Intersection: Kingston Road & Lee Ave
City: Toronto
Postal Code: M4L 1V5
DOM: 20 Days
Last Update: 2026-07-06 14:06:56
Bedrooms: 7
Bathrooms: 3
Rooms: 16
Kitchens: 3
Family Room:
Fireplace:
Basement: Apartment,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: None
Garage Spaces:
Parking Spaces: 0.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Water
Heat Source: Gas
Air Conditioning: Window Unit(s)
Water:
Sewers: