$1,409,000
FOR SALE

Multiplex 2-Storey

Bedrooms: 7Bathrooms: 3Lot: 26.5 x 89.06 ft
2025 Taxes: $6,583.18

533 Kingston Rd
Toronto, ON M4L 1V5 | The Beaches

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
Extras
Separate Hydro Meter
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Listed By RE/MAX ULTIMATE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E13151470
Last Updated May 20, 2026
Property Summary
Property Type Multiplex

More like this:
PIN 210180438
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
Possession Date 30-60-90 tbd
Taxes (2025) $6,583.18
Directions/Cross Streets Kingston Road & Lee Ave
Neighbourhood The Beaches
Area Toronto
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 7
Bathrooms 3
Rooms 16
Lot 26.5 x 89.06 ft
Exterior Brick
Air Conditioning Window Unit(s)
Family Room Y
Basement Apartment
Garage Type None
Heat Source Gas
Heat Type Water
Sewers Sewer

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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