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    For Sale - 533 Kingston Road, Toronto, Ontario

    Est payment $6,238/mo
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    Views   1
    Time on Jump  6 day

    AI Summary *

    • Fully self-contained 3-unit income property in a developing neighborhood.
    • Generates approximately $75K in annual rental income with strong potential.
    • Three spacious units, including a rare 3-bedroom upper suite.
    • Recent renovations and updated finishes throughout the property.
    • Conveniently located near transit, cafes, restaurants, and the beach.




    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.
    Listing IDE13778770
    Address533 Kingston Road
    CityToronto, Ontario
    Price$1,299,000
    Bed / Bath7 / 3 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling WaterHeating Fuel GasSewer Sewer

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    Listing Agency:  RE/MAX ULTIMATE REALTY INC.

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    533 Kingston Road
    Toronto , Ontario
    7 3 $1,299,000
    Get more info