533 Kingston Road

Toronto, ON M4L 1V5 ( The Beaches)

Quick Facts

Type: Multiplex

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 6,583 ( 2025)

Updated: 2026-07-06 14:06:56

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 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.

Extras

Multiplex

Property

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

 

Building

Interior

Bedrooms: 7

Bathrooms: 3

Rooms: 16

Kitchens: 3

Family Room:

Fireplace:

Basement: Apartment,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: None

Garage Spaces:

Parking Spaces: 0.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Water

Heat Source: Gas

Air Conditioning: Window Unit(s)

Water:

Sewers:

 

Features

 

Rooms

 

 

 

 

 

 

 

 

 

 

 


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