533 Kingston Road Toronto, ON M4L 1V5
Listing Courtesy of: PropTX - IDX / Listed By: Re/Max Ultimate Realty Inc.

  533 Kingston Road Toronto, ON M4L 1V5

Active
$1,329,000 (CAD)
7
BED
3
BATH
2000-2500
SQFT

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.

MLS®:
E13526126
Taxes
$6,583(2025)
Type
Multifamily
Style
2-Storey
County
Toronto
Community
The Beaches

Listed By

Re/Max Ultimate Realty Inc.
Source
PropTX - IDX
Last checked Aug 28 2026 at 11:48 AM EDT
Bathroom Details
Interior Features
  • Separate Hydro Meter
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Water
  • Window Unit(s)
Basement Information
  • Apartment
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Shingles
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • None
Stories
  • 2
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 04:48