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.
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Listed by:
RE/MAX ULTIMATE REALTY INC.
Source: TRREB,MLS®#: E13526126Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 3
Heating
Water, Gas
Cooling
Window Unit(s)
Features
Separate Hydro Meter
Basement: Apartment
Has fireplace: No
Interior area
Living area range: 2000-2500 null
Property
Parking
Parking features: None
Features
Stories: 2
Pool features: None
Lot
Size: 2,360 Square Feet
Details
Parcel number: 210180438
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Brick
Foundation: Concrete
Roof: Shingle
Utilities & green energy
Sewer: Sewer
Community & HOA
Location
Region: Toronto
Financial & listing details
Annual tax amount: C$6,583
Date on market: 7/6/2026
R
RE/MAX ULTIMATE REALTY INC.
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