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533 Kingston Road Toronto, Ontario M4L 1V5

7 Bedroom 3 Bathroom 2000 - 2500 sqft
Window Air Conditioner

$1,409,000

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 (id:60365)

Property Details

MLS® Number E13151470
Property Type Multi-family
Community Name The Beaches

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsBelowGround 2
BedroomsTotal 7
Amenities Separate Electricity Meters
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementFeatures Apartment In Basement
BasementType N/a
CoolingType Window Air Conditioner
ExteriorFinish Brick
FlooringType Ceramic, Carpeted, Hardwood
FoundationType Concrete
HeatingFuel Natural Gas
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 89 Ft ,1 In
SizeFrontage 26 Ft ,6 In
SizeIrregular 26.5 X 89.1 Ft
SizeTotalText 26.5 X 89.1 Ft

Rooms

Level Type Dimensions
Lower Level Kitchen 2.4 m x 6.88 m
Lower Level Bedroom 3.01 m x 3.1 m
Lower Level Bedroom 3.01 m x 2.86 m
Lower Level Living Room 3.65 m x 3.04 m
Lower Level Dining Room 2.68 m x 3.99 m
Main Level Living Room 3.15 m x 4.78 m
Main Level Kitchen 5.86 m x 4.16 m
Main Level Bedroom 3.82 m x 3.24 m
Main Level Bedroom 3.25 m x 4.83 m
Upper Level Dining Room 3.7 m x 2.93 m
Upper Level Bedroom 3.64 m x 3.34 m
Upper Level Family Room 3.3 m x 4.82 m

https://www.realtor.ca/real-estate/29779250/533-kingston-road-toronto-the-beaches-the-beaches

Max Taylor
Salesperson


RE/MAX Ultimate Realty Inc.
1739 Bayview Ave.
Toronto, Ontario M4G 3C1

Aaron Caputo
Salesperson


RE/MAX Ultimate Realty Inc.
1739 Bayview Ave.
Toronto, Ontario M4G 3C1

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