FOR SALE
$1,749,000
43 Sagebrush, Toronto, ON, M3A 1X4
6
3
2500-3000
About the Property
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.
About the Property
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.
Property Details
MLS#:
E13151470
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
5+2
Heating Fuel:
Water
Bathrooms:
3
Heating Type:
Water
Parking:
Cross Street:
Kingston Road & Lee Ave
Basement:
Apartment
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.
Property Details
MLS#:
E13151470
Status:
For Sale
Property Type:
Multiplex
Central A/C:
No
Bedrooms:
5+2
Heating Fuel:
Water
Bathrooms:
3
Heating Type:
Water
Parking:
Cross Street:
Kingston Road & Lee Ave
Basement:
Apartment
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
RE/MAX ULTIMATE REALTY INC.
Maintenance:
Exterior:
Brick
Possession Date:
Presented By:
RE/MAX ULTIMATE REALTY INC.