533 Kingston Road, Toronto E02, ON M4L 1V5
About this home
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
📋 Property summary 7 details ▼
🏠 Interior 1 features ▼
🧱 Building & exterior ▼
⚡ Utilities ▼
📐 Rooms & dimensions 12 rooms · 3 levels ▼
🌳 Lot & land ▼
📦 Inclusions & exclusions ▼
3 Fridges, 3 Stoves, 2 Dishwashers, 1 Washer/Dryer, Elfs, Broadloom Where Laid, Boiler, 2 Meters + 2 Separate Services Can Be 3. Shingles & Eaves-Troughs Replaced (2017).
📃 Listing details ▼
Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.
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About Toronto E02
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