533 Kingston Road,Toronto E02, ON M4L 1V5
Toronto E02, ON M4L 1V5
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.
Details
| MLS # | E13778770 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 45 |
| Listing Provided By | RE/MAX ULTIMATE REALTY INC. | E13778770 498700 |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.05 |
Interior
| Interior Features | Separate Hydro Meter |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Window Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Rooms Total | 16 |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | None |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 6583.18 |
|---|---|
| Tax Legal Description | PART LOT 9 SOUTH SIDE KINGSTON ROAD PLAN 90 TORONTO, DESIGNATED AS PARTS 1, 2, 3, 4 & 5 PLAN 66R30328; SUBJECT TO AND TOGETHER WITH CT609321 CITY OF TORONTO |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E02 |
| Postal Code | M4L 1V5 |
| Area | The Beaches |
| Listing VS Median (in M4L 1V5) | |
Price: $1,299,000 low | high Med: $0 On site: 45 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E02 |
| Postal Code | M4L 1V5 |
| Area | The Beaches |
| Listing VS Median (in M4L 1V5) | |
Price: $1,299,000 low | high Med: $0 On site: 45 low | high Med: | |
