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About the Listing 498700 -
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.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
E13526126
Year Built
Total Square Footage
2,000
Lot/Acreage
0.05
Interior Details
- Bedrooms: 7
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment
- Other: Separate Hydro Meter,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Shingles
- Others:
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $6,583
- Taxes w/Assessments: N/A
- Tax/Property ID: 210180438
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
533 Kingston Rd Toronto, ON M4L 1V5
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