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For saleMLS® E13778770

533 Kingston Road, Toronto, ON M4L 1V5

The Beaches · E02 · M4L 1V5

$1,299,000

$650 / sq ft

1 months on market

Bedrooms
5+2
Bathrooms
3
Interior
2,000 sf
Lot
26.5 × 89.06 ft

What's special

  • Window unit(s)
  • Basement apartment
  • Separate hydro meter

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About this property

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.

Rooms

12 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain3.15 × 4.78 m10.3 × 15.7 ftW/O To Terrace · Hardwood Floor · Fireplace
KitchenMain5.86 × 4.16 m19.2 × 13.6 ftIrregular Room · Hardwood Floor
BedroomMain3.82 × 3.24 m12.5 × 10.6 ftHardwood Floor
BedroomMain3.25 × 4.83 m10.7 × 15.8 ftHardwood Floor
Dining RoomUpper3.70 × 2.93 m12.1 × 9.6 ftW/O To Balcony · Hardwood Floor
BedroomUpper3.64 × 3.34 m11.9 × 11.0 ftIrregular Room · Hardwood Floor
Family RoomUpper3.30 × 4.82 m10.8 × 15.8 ftHardwood Floor
Living RoomLower3.65 × 3.04 m12.0 × 10.0 ftW/O To Terrace · Ceramic Floor · Fireplace
Dining RoomLower2.68 × 3.99 m8.8 × 13.1 ftCeramic Floor
KitchenLower2.40 × 6.88 m7.9 × 22.6 ftCeramic Floor
BedroomLower3.01 × 3.10 m9.9 × 10.2 ftBroadloom
BedroomLower3.01 × 2.86 m9.9 × 9.4 ftBroadloom

Features

  • Separate Hydro Meter

Property details

Property

Property type
multiplex
Bedrooms
5 + 2
Bathrooms
3
Interior size
2,000 sq ft
Lot size
26.5 × 89.06 ft
Possession
30-60-90 tbd

Interior

Basement
Apartment
Heating
Water · Gas
Cooling
Window Unit(s)
Exposure
South

Exterior & services

Construction
Brick
Sewer
Sewer

Costs

List price
$1,299,000
Property taxes
$6,583 / year (2025)
Price per sq ft
$650

Listing

MLS® number
E13778770
Status
For sale
Listed
September 14, 2026
Days on market
52
Last updated
September 14, 2026
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 25% of comparable multiplex listings in Toronto are asking less.

$977KMedian $1.74M$2.97M
This home
$650 / sq ft
Comparable median
$835 / sq ft

Based on 96 comparable active multiplex listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment8.1% · minimum $104,900
$104,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,602.38
Property tax (est.)
$548.60
Estimated monthly
$7,151

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$22,455
Toronto municipal
$22,455
Total due on closing
$44,910

An estimate on the asking price of $1,299,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX ULTIMATE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,299,000

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