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$1,329,000
533 Kingston Rd
Toronto E02, ON M4L 1V5
533 Kingston Rd, Toronto E02 — Listed at $1,329,000. 7 bedroom, 3 bathroom 2-Storey. MLS® E13526126.
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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.
Property Details
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Listing Courtesy of: RE/MAX ULTIMATE REALTY INC.
MLS® #E13526126


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HouseIndex Take: 533 Kingston Road
This multiplex (2-Storey) is located in the The Beaches neighbourhood of Toronto.
The home offers 7+2 bedrooms, 3 bathrooms.
Features include a apartment basement.
Additional details: lot dimensions of 26.5 × 89.06 feet.
Listed at $1,329,000 CAD with annual property taxes of $6,583.18 (2025). This listing has been on the market for 3 days.
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About Toronto Real Estate
This Multiplex is located in the The Beaches community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.