$1,409,000
Available - For Sale
Listing ID: E13151470
533 Kingston Road , Toronto, M4L 1V5, Toronto
| 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 cafés, 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 |
| Price | $1,409,000 |
| Taxes: | $6583.18 |
| Occupancy: | Tenant |
| Address: | 533 Kingston Road , Toronto, M4L 1V5, Toronto |
| Directions/Cross Streets: | Kingston Road & Lee Ave |
| Rooms: | 11 |
| Rooms +: | 5 |
| Bedrooms: | 5 |
| Bedrooms +: | 2 |
| Family Room: | T |
| Basement: | Apartment |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 10.33 | 15.68 | W/O To Terrace, Hardwood Floor, Fireplace |
| Room 2 | Main | Kitchen | 19.22 | 13.64 | Irregular Room, Hardwood Floor |
| Room 3 | Main | Bedroom | 12.53 | 10.63 | Hardwood Floor |
| Room 4 | Main | Bedroom | 10.66 | 15.84 | Hardwood Floor |
| Room 5 | Upper | Dining Ro | 12.14 | 9.61 | W/O To Balcony, Hardwood Floor |
| Room 6 | Upper | Bedroom | 11.94 | 10.96 | Irregular Room, Hardwood Floor |
| Room 7 | Upper | Family Ro | 10.82 | 15.81 | Hardwood Floor |
| Room 8 | Lower | Living Ro | 11.97 | 9.97 | W/O To Terrace, Ceramic Floor, Fireplace |
| Room 9 | Lower | Dining Ro | 8.79 | 13.09 | Ceramic Floor |
| Room 10 | Lower | Kitchen | 7.87 | 22.57 | Ceramic Floor |
| Room 11 | Lower | Bedroom | 9.87 | 10.17 | Broadloom |
| Room 12 | Lower | Bedroom | 9.87 | 9.38 | Broadloom |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | None |
| Drive Parking Spaces: | 0 |
| Park #1 | |
| Parking Type: | None |
| Park #2 | |
| Parking Type: | None |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Water |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ULTIMATE REALTY INC. |
|
|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Toronto |
| Municipality: | Toronto E02 |
| Neighbourhood: | The Beaches |
| Style: | 2-Storey |
| Tax: | $6,583.18 |
| Beds: | 5+2 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
