533 Kingston Road, Toronto, ON M4L 1V5
Toronto E02, ON, M4L 1V5 · The Beaches
About this property
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.
Features & Amenities
- Basement: Apartment
- Garage: None
- Cooling: Window Unit(s)
- Heat Type: Water
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 7 |
| Bathrooms | 3 |
| Basement | Apartment |
| Garage | None |
| Heat Type | Water |
| Heat Source | Gas |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $6,583 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Hydro Meter
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Shingles
- Basement
- Apartment
Heating & Cooling
- Heat Type
- Water
- Heat Source
- Gas
- Cooling
- Window Unit(s)
- Cooling
- Yes
- Heating
- Yes
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 0
- Parking Total
- 0.00
- Parking Features
- None
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 89.06
- Lot Width
- 26.50
Financial & Tax
- Tax Annual Amount
- $6,583
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- 30-60-90 tbd
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 11
- Rooms Below Grade
- 5
- Rooms Total
- 16
- Kitchens Above Grade
- 3
- Kitchens Total
- 3
- Bedrooms Above Grade
- 5
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Toronto
- Cross Street
- Kingston Road & Lee Ave
- Directions
- Kingston Road & Lee Ave
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
533 Kingston Road, Toronto, ON M4L 1V5, Toronto E02, ON, M4L 1V5