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
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Toronto and Region Conservation Authority · Province of Ontario open data
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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%
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$1,299,000
$1,299,000
CAD
Estimated market value
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