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$1,299,000See Homsy estimate →
533 Kingston RoadThe Beaches, Toronto, ON M4L 1V5 · Sale · MLS® E13778770
5+2Bedrooms
3Bathrooms
2000-2500Sq ft
--Parking
$520–$650Per sq ft
About this home
The homeTaxes$6,583.18/yr
Price per sq ft$520–$650
Possession30-60-90 tbd
All listing details
- Description
- 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 type
- Multiplex
- Style
- 2-Storey
- Heating
- Water
- Air conditioning
- Window Unit(s)
- Basement
- Apartment
- Garage
- None
- Central vac
- N
- Living Room
- 3.65 × 3.04 m
- Family Room
- 3.3 × 4.82 m
- Living Room
- 3.15 × 4.78 m
- Dining Room
- 3.7 × 2.93 m
- Bedroom
- 3.64 × 3.34 m
- Bedroom
- 3.82 × 3.24 m
- Kitchen
- 5.86 × 4.16 m
- Dining Room
- 2.68 × 3.99 m
- Bedroom
- 3.01 × 2.86 m
- Kitchen
- 2.4 × 6.88 m
- Bedroom
- 3.01 × 3.1 m
- Bedroom
- 3.25 × 4.83 m
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
Price & listing history
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Homsy estimate
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Cost to own
CostKnown monthly carrying costs
$549 / month
Property tax$549
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Sold nearby
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