$1,409,000Asking Price
533 Kingston Road, Toronto E02, ON M4L 1V5
The Beach, Toronto
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
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
See MoreKey Info
- 2-Storey Multiplex
- No Parking
- No Garage
- Kingston Road & Lee Ave
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Water Gas Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $6,583 in 2025
- Possession: 30-60-90 tbd
Details
- Brick Exterior
- No Fireplace
- 3 Kitchens
- MLS #E13151470
- RE/MAX ULTIMATE REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 19.23' x 13.65' | Irregular Room, Hardwood Floor |
| 2 | Kitchen | Lower | 7.87' x 22.57' | Ceramic Floor |
 | 3 4-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
The Beach, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 14, adults aged 40 to 64 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
44%
of residents are
single and loving it.
44% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
38%
of residents
are renters.
38% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
63%
of residents are
university grads.
63% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$207K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Government | 13% |
| Management | 13% |
| Sales | 12% |
| Business | 12% |
| Culture | 8% |
Immigrants
20%
of residents were
born outside of Canada.
20% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.0% from UK
All-time
Birthplace - Recent
0.4% from UK
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| German | 1% |
| Spanish | 1% |
| Cantonese | 1% |
| Italian | 1% |
Religions
Religions
| Christian | 55% |
| Jewish | 2% |
| Buddhist | 1% |
| Hindu | 1% |
| Muslim | 1% |
Social Housing
Social Housing Buildings
6
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
