$2,379,000
Available - For Sale
Listing ID: E12144893
389 Woodbine Aven , Toronto, M4L 3P7, Toronto
| 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. |
| Price | $2,379,000 |
| Taxes: | $5593.56 |
| Occupancy: | Owner+T |
| Address: | 389 Woodbine Aven , Toronto, M4L 3P7, Toronto |
| Directions/Cross Streets: | Woodbine Ave & Queen St E |
| Rooms: | 14 |
| Rooms +: | 6 |
| Bedrooms: | 4 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Apartment, Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 13.51 | 14.76 | Bay Window, Open Concept, Hardwood Floor |
| Room 2 | Main | Kitchen | 10.33 | 7.38 | Centre Island, Renovated |
| Room 3 | Main | Bedroom | 9.71 | 11.61 | Open Concept, B/I Closet, Hardwood Floor |
| Room 4 | Second | Living Ro | 10.4 | 10.23 | Bay Window, Open Concept, Hardwood Floor |
| Room 5 | Second | Kitchen | 10.33 | 4.49 | Stainless Steel Appl, Open Concept |
| Room 6 | Second | Bedroom | 9.64 | 7.81 | Window |
| Room 7 | Second | Living Ro | 7.45 | 9.58 | Large Window |
| Room 8 | Second | Kitchen | 9.84 | 7.18 | Open Concept, Combined w/Dining, Stainless Steel Appl |
| Room 9 | Second | Bedroom | 9.09 | 8.99 | Window, Closet |
| Room 10 | Third | Living Ro | 10.86 | 6.72 | Walk-Out, Open Concept |
| Room 11 | Third | Kitchen | 11.28 | 4.03 | Open Concept, Stainless Steel Appl |
| Room 12 | Third | Bedroom | 10.89 | 10.79 | Large Window, Closet |
| Room 13 | Basement | Living Ro | 12.86 | 13.15 | Open Concept, Pot Lights |
| Room 14 | Basement | Kitchen | 6.66 | 7.05 | Open Concept, Pot Lights |
| Room 15 | Basement | Bedroom | 9.48 | 6.82 | Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 3 | Third |
| Washroom Type 4 | 4 | Basement |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Other |
| Style: | 3-Storey |
| Exterior: | Brick, Stucco (Plaster) |
| Garage Type: | None |
| (Parking/)Drive: | Mutual, Av |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Mutual, Av |
| Park #2 | |
| Parking Type: | Mutual |
| Park #3 | |
| Parking Type: | Available |
| Pool: | None |
| Other Structures: | Shed |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Beach, Lake/Pond |
| 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: | Baseboard |
| Central Air Conditioning: | Wall Unit(s |
| 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 HALLMARK RICHARDS GROUP REALTY LTD. |
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Zulakha Ghafoor
Sales Representative
Dir:
647-269-9646
Bus:
416.898.8932
Fax:
647.955.1168
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Other |
| Area: | Toronto |
| Municipality: | Toronto E02 |
| Neighbourhood: | The Beaches |
| Style: | 3-Storey |
| Tax: | $5,593.56 |
| Beds: | 4+2 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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