533 Kingston Road, Toronto, ON M4L 1V5
Toronto, ON M4L 1V5
About this property
Client Remarks533 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.
Property facts & features
- Days on market
- Not reported
- Property type
- Multiplex
- MLS® number
- E13778770
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 3
- Neighbourhood
- Not provided
- Postal code
- M4L 1V5
- Kitchens
- 3
- Kitchens above grade
- 3
- Family room / den
- Yes
- Interior size (reported range)
- 2000-2500 (units not reported)
- Lot size
- Not reported
- Lot depth
- 89.06 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 0
- Occupancy
- Tenant
- Possession type
- Flexible
- Garage
- None
- Annual property tax
- 6583.18
- Basement
- Apartment
- Laundry
- Not provided
- Interior features
- Separate Hydro Meter
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 49 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Utilities & included services
- Reported utility services
- Not reported
- Water source
- Not reported
- Sewer
- Sewer
- Heating system
- Water
- Heating fuel
- Gas
- Cooling
- Window Unit(s)
- Included in rent
- Not reported
- Included in maintenance
- Not reported
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Property summary
533 Kingston Road, Toronto, ON M4L 1V5, Toronto is listed as for sale — Multiplex. Reported details include 7 bedrooms, 3 bathrooms, interior size of 2000-2500 (units not reported). Asking price: $1,299,000. Reported occupancy: Tenant. MLS® E13778770.
Summary of source-reported facts. Verify measurements and listing terms with the brokerage.