533 Kingston Road, Toronto E02, ON

$1,299,000

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5

Beds

3

Baths

2,000

Square feet

About 533 Kingston Road

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.

Features of 533 Kingston Road

MLS® # E13778770
Price $1,299,000
Bedrooms 5
Bathrooms 3.00
Square Footage 2000-2500
Type Residential Freehold
Sub-Type Multiplex
Style 2-Storey
Status Active

Community Information

Address 533 Kingston Road
Area Toronto
Subdivision The Beaches
City Toronto E02
Province ON
Postal Code M4L 1V5

Amenities

Garages None
Is Waterfront No
Pool None

Interior

Heating Water
Cooling Window Unit(s)
Fireplace No
Basement Apartment
Kitchens 3

Exterior

Exterior Brick

Listing Details

OfficeRE/MAX ULTIMATE REALTY INC.

Listing Map

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