$1,550,000
434 Victoria Park Avenue, Toronto, ON M4E 3T2
The Beaches · E02
Listing courtesy of REAL ESTATE HOMEWARD
The Beaches · E02 · M4L 1V5
$1,299,000
$650 / sq ft1 months on market
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.
12 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 3.15 × 4.78 m10.3 × 15.7 ft | W/O To Terrace · Hardwood Floor · Fireplace |
| Kitchen | Main | 5.86 × 4.16 m19.2 × 13.6 ft | Irregular Room · Hardwood Floor |
| Bedroom | Main | 3.82 × 3.24 m12.5 × 10.6 ft | Hardwood Floor |
| Bedroom | Main | 3.25 × 4.83 m10.7 × 15.8 ft | Hardwood Floor |
| Dining Room | Upper | 3.70 × 2.93 m12.1 × 9.6 ft | W/O To Balcony · Hardwood Floor |
| Bedroom | Upper | 3.64 × 3.34 m11.9 × 11.0 ft | Irregular Room · Hardwood Floor |
| Family Room | Upper | 3.30 × 4.82 m10.8 × 15.8 ft | Hardwood Floor |
| Living Room | Lower | 3.65 × 3.04 m12.0 × 10.0 ft | W/O To Terrace · Ceramic Floor · Fireplace |
| Dining Room | Lower | 2.68 × 3.99 m8.8 × 13.1 ft | Ceramic Floor |
| Kitchen | Lower | 2.40 × 6.88 m7.9 × 22.6 ft | Ceramic Floor |
| Bedroom | Lower | 3.01 × 3.10 m9.9 × 10.2 ft | Broadloom |
| Bedroom | Lower | 3.01 × 2.86 m9.9 × 9.4 ft | Broadloom |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 25% of comparable multiplex listings in Toronto are asking less.
Based on 96 comparable active multiplex listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
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.
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$1,550,000
The Beaches · E02
Listing courtesy of REAL ESTATE HOMEWARD