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Active Multiplex For Sale 49 DOM · sitting
$1,299,000
MLS® E13778770

533 Kingston Road, Toronto, ON M4L 1V5

Toronto E02 · The Beaches · M4L 1V5
Monthly cost · estimate
$6,624/mo
P&I $6,075 · Tax $549
🤖
Hunter's read
5-bed, 3-bath multiplex in Toronto E02 — near transit
5+2
Beds
3
Baths
2000-2500
Sqft

About this home

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.

📋 Property summary 7 details ▼
Property Type
Multiplex
Style
['2-Storey']
Square Footage
2000-2500
Days on Market
49 days
Annual Taxes
$6,583
Lot Size
26.5' × 89.06'
Community
The Beaches
🏠 Interior 1 features ▼
Basement
Apartment
Interior features
Separate Hydro Meter
🧱 Building & exterior ▼
Foundation
Concrete
Exterior
Brick
⚡ Utilities ▼
Heating
Water
Cooling
['Window Unit(s)']
Sewer
['Sewer']
📐 Rooms & dimensions 12 rooms · 3 levels ▼
Lower
Living Room 12' × 10'
Dining Room 8'10" × 13'1"
Bedroom 9'11" × 9'5"
Kitchen 7'10" × 22'7"
Bedroom 9'11" × 10'2"
Main
Living Room 10'4" × 15'8"
Bedroom 12'6" × 10'8"
Kitchen 19'3" × 13'8"
Bedroom 10'8" × 15'10"
Upper
Family Room 10'10" × 15'10"
Dining Room 12'2" × 9'7"
Bedroom 11'11" × 10'11"
🌳 Lot & land ▼
Frontage
26.5 ft
Depth
89.06 ft
Dimensions
26.50 x 89.06 Feet
📦 Inclusions & exclusions ▼
Included with sale

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 ▼
MLS® Number
E13778770
Days on Market
49 days
Possession
Flexible
Listing Brokerage
RE/MAX ULTIMATE REALTY INC.

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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$1,299,000
533 Kingston Road, Toronto, ON M4L 1V5
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💰 Sold-comp analysis · Free

What is this home really worth?

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