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Est. payment | -/mo

7 Beds

3 Baths

Save

Est. payment | -/mo

Save

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto E02

Subdivision The Beaches

MLS Listing ID E13526126

Style 2-Storey

Bedrooms 7

Annual Tax Amount $6,583

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Toronto

Community Toronto E02

Area Toronto

Rooms

Family Room Yes

Basement Apartment

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Separate Hydro Meter

Cooling Window Unit(s)

Inclusions 3 Fridges, 3 Stoves, 2 Dishwashers, 1 Washer/Dryer, Elfs, Broadloom Where Laid, Boiler, 2 Meters + 2 Separate Services Can Be 3. Shingles & Eaves-Troughs Replaced (2017).

Exterior

Parking Features None

Pool None

Roof Type Shingles

Lot Frontage 26.5

Lot Depth 89.06

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX ULTIMATE REALTY INC.

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533 Kingston RD Toronto E02, ON M4L 1V5