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.
About this home
Photos of 533 Kingston Road
Facts and features of 533 Kingston Road
| Type | Multiplex |
|---|---|
| Style | 2-Storey |
| Bedrooms | 5 + 2 |
| Bathrooms | 3 |
| Size | 2000-2500 sq ft |
| Lot | 26.5 x 89.06 Feet |
| Garage | None |
| Heating | Water |
| Cooling | Window Unit(s) |
| Basement | Apartment |
| Exterior | Brick |
| Taxes | $6,583 (2025) |
| Days on market | 45 |
| Listing brokerage | RE/MAX ULTIMATE REALTY INC. |
Rooms
12 rooms, with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Living Room | Lower | 12′ 0″ × 10′ 0″ 3.65 × 3.04 m | w/o to terrace, ceramic floor, fireplace |
| Family Room | Upper | 10′ 10″ × 15′ 10″ 3.3 × 4.82 m | Hardwood Floor |
| Living Room | Main | 10′ 4″ × 15′ 8″ 3.15 × 4.78 m | w/o to terrace, hardwood floor, fireplace |
| Dining Room | Upper | 12′ 2″ × 9′ 7″ 3.7 × 2.93 m | w/o to balcony, hardwood floor |
| Bedroom | Upper | 11′ 11″ × 10′ 11″ 3.64 × 3.34 m | irregular room, hardwood floor |
| Bedroom | Main | 12′ 6″ × 10′ 8″ 3.82 × 3.24 m | Hardwood Floor |
| Kitchen | Main | 19′ 3″ × 13′ 8″ 5.86 × 4.16 m | irregular room, hardwood floor |
| Dining Room | Lower | 8′ 10″ × 13′ 1″ 2.68 × 3.99 m | Ceramic Floor |
| Bedroom | Lower | 9′ 11″ × 9′ 5″ 3.01 × 2.86 m | Broadloom |
| Kitchen | Lower | 7′ 10″ × 22′ 7″ 2.4 × 6.88 m | Ceramic Floor |
| Bedroom | Lower | 9′ 11″ × 10′ 2″ 3.01 × 3.1 m | Broadloom |
| Bedroom | Main | 10′ 8″ × 15′ 10″ 3.25 × 4.83 m | Hardwood Floor |
Around this home
What’s near 533 Kingston Road
From 533 Kingston Road, the nearest TDSB elementary school is Norway Junior Public School, about 400 m away.
Schools
- Norway Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 100% · Gr 6 math 60% about 400 m
- Williamson Road Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 97% · Gr 6 math 73% about 500 m
- Glen Ames Senior Public School TDSB middle school · 7-8 about 500 m
- St John Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 94% · Gr 6 math 38% about 650 m
- Malvern Collegiate Institute TDSB secondary · 9-12 EQAO 2024-25: Gr 9 math 78% · Gr 10 literacy 96% about 900 m
- Notre Dame Catholic High School Catholic secondary · 9-12 EQAO 2024-25: Gr 9 math 67% · Gr 10 literacy 97% about 750 m
Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.
Places: OpenStreetMap contributors, October 2026. Straight-line distances. Schools: EQAO 2024-25, Ontario Ministry of Education.
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533 Kingston Road
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MLS® E13778770 Data source: PropTx Listed September 14, 2026