533 Kingston Rd is a 5-bedroom, 3-bathroom multiplex in Toronto, listed for $1,299,000. It has 2000-2500 sq ft of living space.
1Financials attached.
2Featuring three spacious units, including a rare and highly desirable 3-bedroom upper suite, the property is well-positioned to attract consistent tenant demand.
3The lower and upper units have undergone recent renovations with updated finishes throughout, while the main level is well-maintained and offers excellent functionality.
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.
5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $650 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 533 Kingston Rd
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Lot size
26.50 x 89.06 Feet
Basement
Apartment
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Apartment
Lot & land
Lot dimensions
26.50 x 89.06 Feet
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
533 Kingston Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13778770$1,299,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 533 Kingston Rd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$6,382
/mo
based on the purchase price of $1,299,000
$259,800 cash
$1,039,200 financed
$875,279 total interest
Principal54%$1,039,200
Interest46%$875,279
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 4–10 bed homes for sale in Toronto around $1.3M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5151.3%On average, homes sold at or above asking.
Active listings12,555Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 9 – Aug 7, 2026.
Based on 9,203 sales from Aug 7 – Nov 5, 2026 (7,131 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
533 Kingston Rd is listed at $1,299,000 (MLS® E13778770). Summitly updates the price as soon as the MLS® record changes.
Is $1,299,000 a good price for 533 Kingston Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 533 Kingston Rd changed?
No — 533 Kingston Rd is still listed at its original asking price of $1,299,000.
How many bedrooms and bathrooms does 533 Kingston Rd have?
533 Kingston Rd has 5 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a multiplex in Toronto.
Is 533 Kingston Rd close to transit?
The nearest rapid-transit station is Danforth GO Station (Lakeshore East GO), about 970 m (about a 12-minute walk) in a straight line. Main Street Station is about 1.3 km (about a 16-minute walk), and Woodbine Station is about 1.3 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 533 Kingston Rd?
About $6,382 a month — principal and interest on $1,299,000 with 20% down ($259,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 533 Kingston Rd compare with other homes in Toronto?
Its asking price of $1,299,000 is about 55% above the median sold price in Toronto over the last 90 days, $840,000, across 9,203 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 533 Kingston Rd been sold before?
Summitly has no earlier MLS® sale or lease of 533 Kingston Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 533 Kingston Rd?
533 Kingston Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 533 Kingston Rd been on the market?
52 days — 533 Kingston Rd was listed on September 14, 2026.
What is the price per square foot of 533 Kingston Rd?
About $520 to $650 per square foot: the asking price of $1,299,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 533 Kingston Rd have a basement, and is it finished?
