Living (3.04 × 3.65)
W/O To Terrace · Ceramic Floor · Fireplace
Level: Lower
The Beaches, Toronto, Ontario M4L 1V5
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.
Buy/Sell history for 533 Kingston Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,299,000 | N/A | For Sale | E13778770 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
W/O To Terrace · Ceramic Floor · Fireplace
Level: Lower
Hardwood Floor
Level: Upper
W/O To Terrace · hardwood floor · Fireplace
Level: Main
W/O To Balcony · hardwood floor
Level: Upper
Irregular Rm · hardwood floor
Level: Upper
Hardwood Floor
Level: Main
Irregular Rm · hardwood floor
Level: Main
Ceramic Floor
Level: Lower
Broadloom
Level: Lower
Ceramic Floor
Level: Lower
Broadloom
Level: Lower
Hardwood Floor
Level: Main
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$5,955
Total monthly payment
$6,504
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
Expand Market details to load neighbourhood price and activity trends.
$1,299,000
$1,299,000
CAD
Estimated market value
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.