Selling

389 Woodbine Avenue, Toronto, ON M4L 3P7

$2,379,000

  • Jun 13, 2025
  • Toronto E02, Ontario

Description
Rare opportunity to own a fully renovated, high income-generating residential property in prime Beach! An incredible turn-key multi-unit residence designed for savvy investors, multi-generational families, or owners looking to live in one suite while renting out the others. All six self-contained 1-bedroom units are separately metered and have been thoughtfully designed and finished. The main floor is especially appealing as an owners suite: a king-sized 1-bedroom with its own laundry and a walkout to a private Trex deck and landscaped backyard with 3-zone irrigation. Set the market rents or create your own living arrangement as all units are vacant except for the front basement suite (month-to-month tenant at $1,480/mo). Entire house has been gutted with new studs, insulation, and drywall, and has been meticulously upgraded from the ground up, including new plumbing and electrical systems (two 200-amp services and 7 separate meters), soundproofing, underpinned basement with 8 ceilings and 3 walkouts, newer roof (2019), mostly Pella windows, and energy-efficient heat pumps. Wide and deep lot (27x140) where parking for up to 4 cars is possible. No detail overlooked! Truly spectacular investment with a high cap rate in one of Torontos most sought-after neighbourhoods! Just steps from public transit, shops on Queen Street, as well as the boardwalk and lake. Pride of ownership is clear and it's a joy to show! Brochure with floor plans and projected financials for high cap rate is attached.
Overview
MLS ID: E12144893
Type: Others
Bedrooms: 6
Bathrooms: 6
Square: 2,750 m²
Price: $2,379,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Wall Unit(s)
Heating: Baseboard
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 5593.56
PossessionDetails: TBD
Map
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