1 / 50
Multiplex

533 Kingston Road

The Beaches · Toronto, M4L 1V5

$1,299,000

Beds
5+2
Baths
3
Size
2,000-2,500 ft²
Type
Multiplex
Listed
47 days
MLS®
E13778770

About this home

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 details

MLS® number
E13778770
Property type
Multiplex
Style
2-Storey
Bedrooms
5+2
Bathrooms
3
Kitchens
3
Interior size
2,000-2,500 ft²
Lot
26.5 × 89.06 ft
Basement
Apartment
Heating
Water, Gas
Cooling
Window Unit(s)
Parking
0 total
Exterior
Brick
Property taxes
$6,583 (2025)
Possession
30-60-90 tbd
Cross street
Kingston Road & Lee Ave
Community
The Beaches
City
Toronto

Rooms

  • Living Room

    12' × 10'

    Lower

    Living Room

  • Family Room

    10' 10" × 15' 10"

    Upper

    Family Room

  • Living Room

    10' 4" × 15' 8"

    Main

    Living Room

  • Dining Room

    12' 2" × 9' 7"

    Upper

    Dining Room

  • Bedroom

    11' 11" × 10' 11"

    Upper

    Bedroom

  • Bedroom

    12' 6" × 10' 8"

    Main

    Bedroom

  • Kitchen

    19' 3" × 13' 8"

    Main

    Kitchen

  • Bedroom

    10' 8" × 15' 10"

    Main

    Bedroom

  • Dining Room

    8' 10" × 13' 1"

    Lower

    Dining Room

  • Bedroom

    9' 11" × 9' 5"

    Lower

    Bedroom

  • Kitchen

    7' 10" × 22' 7"

    Lower

    Kitchen

  • Bedroom

    9' 11" × 10' 2"

    Lower

    Bedroom

Room measurements are provided by the listing brokerage, converted from metres. They are deemed reliable but not guaranteed; verify before relying on them.

Location

The Beaches · Toronto, near Kingston Road & Lee Ave

533 Kingston Road, Toronto

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$5,752per month

$259,800 down · 4.5% · 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Toronto

Similar homes nearby

See more homes
  • NewSemi-detached

    $1,250,000

    518 Victoria Park Avenue

    The Beaches · Toronto

    3+2bedrooms2bathrooms700-1,100 ft²interior
    MLS® E14133018
  • NewSemi-detached

    $1,399,000

    263 Waverley Road

    The Beaches · Toronto

    3bedrooms2bathrooms1,100-1,500 ft²interior
    MLS® E14132716
  • NewSemi-detached

    $1,299,000

    347 Kenilworth Avenue

    The Beaches · Toronto

    3bedrooms2bathrooms1,100-1,500 ft²interior
    MLS® E14128636

7646 Yonge Street

Want to see it in person? We will book it.

Private showings usually happen within a day or two. We confirm the time with the listing brokerage and meet you at the door, with our honest read on the home and its price.

533 Kingston Road, Toronto | Multi-unit for sale