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 cafés, 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
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Property Attached:
Yes
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
89'1"27.1 m
Lot Frontage:
26'6"8.08 m
Lot Details:
26.50 x 89.06 Feet
Direction Faces:
South
Bedrooms:
5+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
3
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
11
Rooms Below Grade:
5
Rooms:
16
Heating type:
Water
Heating Fuel:
Gas
Cooling:
Yes
Foundation:
Concrete
Roof:
Shingles
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Family Room:
Yes
Possession Details:
30-60-90 tbd
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$6,583.18 /
2025
Assessment:
$- /
-
Toronto
Toronto E02
The Beaches
Separate Hydro Meter
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).
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