533 Kingston Road

The Beaches, Toronto, M4L 1V5

$1,299,000

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  • 5+2 bedrooms
  • 3 bathrooms
  • 0 parking
  • 2000-2500 sq ft

Listed 36 days ago · MLS® E13778770

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.

Details

Type
Multiplex
Style
2-Storey
Size
2000-2500 sq ft
Lot
26.5 × 89.06 ft
Basement
Apartment
Garage
None
Kitchens
3
Property tax
$6,583 (2025)
Neighbourhood
The Beaches
Municipality
Toronto E02

Interior

Bedrooms
5 above ground + 2 below
Bathrooms
3 × 4-piece
Rooms
11 above ground + 5 below
Family room or den
Yes
Fireplace
No
Features
Separate Hydro Meter

Heating, cooling and services

Heating
Water, Gas
Air conditioning
Window Unit(s)
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Roof
Shingles
Foundation
Concrete
Faces
South

Lot

Size
26.5 × 89.06 ft

More

Possession
30-60-90 tbd
Cross street
Kingston Road & Lee Ave

Rooms

RoomLevelSizeFeatures
Living RoomLower3.65 × 3.04 m (12' × 10')W/O To Terrace, Ceramic Floor, Fireplace
Family RoomUpper3.3 × 4.82 m (10'10" × 15'10")Hardwood Floor
Living RoomMain3.15 × 4.78 m (10'4" × 15'8")W/O To Terrace, Hardwood Floor, Fireplace
Dining RoomUpper3.7 × 2.93 m (12'2" × 9'7")W/O To Balcony, Hardwood Floor
BedroomUpper3.64 × 3.34 m (11'11" × 10'11")Irregular Room, Hardwood Floor
BedroomMain3.82 × 3.24 m (12'6" × 10'8")Hardwood Floor
KitchenMain5.86 × 4.16 m (19'3" × 13'8")Irregular Room, Hardwood Floor
BedroomMain3.25 × 4.83 m (10'8" × 15'10")Hardwood Floor
Dining RoomLower2.68 × 3.99 m (8'10" × 13'1")Ceramic Floor
BedroomLower3.01 × 2.86 m (9'11" × 9'5")Broadloom
KitchenLower2.4 × 6.88 m (7'10" × 22'7")Ceramic Floor
BedroomLower3.01 × 3.1 m (9'11" × 10'2")Broadloom

History of this address

9 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Main Street Subway1.2 km
  • 🚇 Woodbine Subway1.3 km
  • 🚆 Danforth GO15 min walk

Within a 10-minute walk: 4 grocery stores, 37 cafés and restaurants, 9 parks, 4 pharmacies. Nearest grocery: The Big Carrot (350 m). Nearest park: Love Crescent Parkette (200 m).

Schools nearby

Elementary

  • Norway Junior Public School
    EQAO: Gr 6 reading 100%, math 60%
    7 min walk
  • Williamson Road Junior Public School
    EQAO: Gr 6 reading 97%, math 73%
    7 min walk
  • Beaches Alternative Junior School9 min walk
  • Kimberley Junior Public School
    EQAO: Gr 6 reading 90%, math 67%
    10 min walk

Secondary

  • Glen Ames Senior Public School7 min walk
  • Notre Dame Catholic High School Catholic
    EQAO: Gr 9 math 67%, literacy test 97%
    11 min walk
  • Malvern Collegiate Institute
    EQAO: Gr 9 math 78%, literacy test 96%
    14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4L

Owners / renters
61% / 39%
Median household income
$101,000
Average age
40
Children under 15
18%
Homes
19% detached, 7% high-rise
Commute by transit
22%
Population
32,218

Languages spoken most at home besides English: Yue (Cantonese) 3%, Mandarin 0.7%, Spanish 0.7%, Urdu 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in The Beaches (2025): 31% below the Toronto average, down 11% from the year before.

  • Assault32% below average
  • Break and enter20% below average
  • Auto theft27% below average
  • Robbery68% below average
  • Theft from vehiclesabout average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 3 active

  • 346 LEE AVE · 50 m
    Plan of Condominium · Under Review · applied 2023
    for 3 units and easement
    Application details
  • 511 KINGSTON RD · 50 m
    Site Plan · NOAC Issued · applied 2022
    Site Plan Amendment application. Amends the previously approved site plan application under 19 160180 STE 19 SA. Key changes include: revisions to side facade…
    Application details
  • 558-560 KINGSTON RD · 50 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2021
    Zoning By-law Amendment and Official Plan Amendment Application to permit a 8-storey residential building having a gross floor area of 3,725 square metres and…
    Application details
  • 264 KENILWORTH AVE · 500 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2023
    An Official Plan Amendment application submitted by Toronto Community Housing to facilitate the severance of the Site in order to implement the City's Tenants…
    Application details
  • 9 BENLAMOND AVE · 300 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2023
    Zoning By-law Amendment for 4-storey (14.3 metre) low rise residential apartment building with 16 residential units, a total Gross Floor Area of 1,751 square…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 7 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

7 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

47 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ULTIMATE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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