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For sale · Multiplex · 2-Storey

533 Kingston Road.

The Beaches, Toronto, ON M4L 1V5

On the market44 days
MLS® E13778770Courtesy of Re/max Ultimate Realty Inc.
Bedrooms5+2Plus 2 more
Bathrooms3
Lot26.5 x 89.06 ftFrontage by depth, as listed
ParkingNoneNone

Balanced market

House market in The Beaches. Sales and new listings are roughly in step, so neither side has a clear edge. Homes here sell in about 14 days. Market data

Sales-to-new-listings ratio, last 3 months: 44%
Months of supply: 3.5

What it means

  • Balanced market in The Beaches: houses take about 14 days to sell.
  • About 3.5 months of houses for sale in The Beaches at the current pace of sales.

At a glance

Property taxes$6,583 / year
BasementApartment
Size2,000–2,500 sq ft
Possession30-60-90 tbd

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.

Home details

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The homeproperty type, style, size, heating
Property type
Multiplex
Style
2-Storey
Size
2,000–2,500 sq ft
Heating
Water
Cooling
Window Unit(s)
Basement
Apartment
Lot size
26.5 × 89.06 feet
Possession
30-60-90 tbd
Parking and storageparking, garage
Parking
0
Garage
None
Fees and taxesproperty taxes, price per sq ft
Property taxes
$6,583 (2025)
Price per sq ft
$577
Rooms12 rooms with sizes
RoomLevelSizeFeatures
Living RoomLower3.65 × 3.04 mw/o to terrace · ceramic floor · fireplace
Family RoomUpper3.3 × 4.82 mHardwood Floor
Living RoomMain3.15 × 4.78 mw/o to terrace · hardwood floor · fireplace
Dining RoomUpper3.7 × 2.93 mw/o to balcony · hardwood floor
BedroomUpper3.64 × 3.34 mirregular room · hardwood floor
BedroomMain3.82 × 3.24 mHardwood Floor
KitchenMain5.86 × 4.16 mirregular room · hardwood floor
Dining RoomLower2.68 × 3.99 mCeramic Floor
BedroomLower3.01 × 2.86 mBroadloom
KitchenLower2.4 × 6.88 mCeramic Floor
BedroomLower3.01 × 3.1 mBroadloom
BedroomMain3.25 × 4.83 mHardwood Floor
What is includedAppliances and fixtures

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).

What it could cost each month

— a month, estimated

With 20% down. Includes property tax. Estimate only.

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Sale and listing history

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The area

Listing brokerage · MLS® E13778770Re/max Ultimate Realty Inc.Data last updated Sep 14, 2026 12:49 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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$1,299,0005+2 bed · 3 bathBook a showing