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$1,329,000
For SaleListed 15 days ago

533 Kingston Road, Toronto, ONM4L 1V5

The Beaches
7
3
2,000–2,500 ft²
Multiplex26.5 × 89.06 ft Lot
Listed by RE/MAX ULTIMATE REALTY INC.

Monthly Cost

Property Information

Property TypeMultiplex
Bedrooms7
Bathrooms3
Size2,000–2,500 ft²
Lot Size26.5 × 89.06 ft
BasementApartment
ParkingNone
Property taxes$6,583/yr (2025)
Days on Market15 Days
Listed DateJul 6, 2026
MLS® NumberE13526126

Listing History

Event
Date
Price
Listed
Jul 6, 2026
$1,329,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Description

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 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.

Location

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School Zones

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About The Beaches

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Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

31%
Homeowners
55%
Households with kids
$80,000
Median income
46
Median age
1.9
Avg. household size
47%
University degree
20%
Newcomers (immigrants)
Age profile689 residents
Under 2017%
20–3416%
35–6443%
65+24%

StatCan 2021 Census · this home’s dissemination area (DA 35200662). Values are randomly rounded by Statistics Canada for privacy.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Jul 6, 2026
Show data source & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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Sold & closed data

Sold and closed listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx through the VOW (Virtual Office Website) data feed and is shown only to registered consumers with a bona fide real estate interest. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, and is subject to errors, omissions, change or withdrawal. It must be independently verified.

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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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.