
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,329,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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 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.
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This multiplex located at 533 Kingston Road, Toronto is currently for sale and has been available on SousaSells for 31 days. This property is listed at $1,329,000 with an estimated mortgage of $4,424* per month. It has 7 beds, 3 bathrooms, and is 2000-2500 square feet. 533 Kingston Road, Toronto is in the The Beaches neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in The Beaches, Toronto.
Growing families needing multi-bedroom flexibility and space in The Beaches, Toronto.
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The current listing price for 533 Kingston Road, Toronto, ON in The Beaches, Toronto is $1,329,000.
This property features 7 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
533 Kingston Road, Toronto, ON is a Multiplex (2-Storey) featuring a Apartment basement.
Interior highlights include: Separate Hydro Meter.
Yes, this property offers parking space for 0.0 vehicle (None).
Heating is provided via Gas and cooling via Window Unit(s).
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 533 Kingston Road, Toronto, ON M4L 1V5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,329,000 in Toronto, the legal minimum down payment is $265,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,055 also applies, bringing the total estimated land transfer taxes to $46,110.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.