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Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$1,409,000
Available - For Sale
Listing ID: E13151470
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: $6,583.18
Occupancy by: Tenant
Address: 533 Kingston Road , Toronto, M4L 1V5, Toronto
Directions/Cross Streets: Kingston Road & Lee Ave
Rooms: 11
Rooms +: 5
Bedrooms: 5
Bedrooms +: 2
Washrooms: 3
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
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
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
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX ULTIMATE REALTY INC.

533 Kingston Road , Toronto, M4L 1V5, Toronto

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto E02
Neighbourhood: The Beaches
Style: 2-Storey
Lot Size: x 89.06(Feet)
Approximate Age:
Tax: $6,583.18
Maintenance Fee: $0
Beds: 5+2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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