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389 Woodbine Avenue in Toronto for sale

Asking price
$2,379,000
Estimate (May 13)
$2,313,446
MLS #:
E12144893
Type:
Multiplex, 3-Storey
Approx. SQFT:
2500-3000
Basement:
Apartment, Fin W/O
4+2 4+2
27 x 140 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Lsd Mar 21, 2022 $1,850

Listed by Re/Max Hallmark Richards Group Realty Ltd..

389 Woodbine Avenue is a Multiplex, 3-Storey and is currently for Sale @ $2,379,000. Taxes in 2024 were $5,593.56.

More homes for sale under 2.4M in 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. The 3-Storey on 389 Woodbine Avenue has 4 bedrooms, 6 bathrooms, and is located on a 140 x 27 ft lot in the community of The Beaches . 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.

6 fridges, 5 stoves, Bosch cooktop on main floor, front-load washer & dryer (bsmt) and 1 washer/dryer combo (main floor), 2 heat pump units, 2 window A/C units, all Hunter Douglas window roller blinds where installed, furnishings in 2nd floor rear unit and 3rd floor unit, backyard storage shed

The address 389 Woodbine Avenue was listed for sale (MLS# E12144893) on Tuesday, May 13, 2025.

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  • Date Listed: Tuesday, May 13, 2025
  • Listing Brokerage: Re/Max Hallmark Richards Group Realty Ltd. - Disclaimer: The information contained in this listing has not been verified by Re/Max Hallmark Richards Group Realty Ltd. and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 389 Woodbine Avenue
  • City: Toronto

    More 4 bedrooms homes for sale in Toronto

  • Neighbourhood: The Beaches
  • Major Intersection: Woodbine Ave & Queen St E
  • Full Address: 389 Woodbine Avenue, Toronto, M4L 3P7, Canada, ON, Canada
  • Living Room: Bay Window, Open Concept, hardwood floor
  • Kitchen: Centre Island, Renovated
  • Living Room: Bay Window, Open Concept, hardwood floor
  • Kitchen: Stainless Steel Appl, Open Concept
  • Living Room: Large Window
  • Kitchen: Open Concept, Combined W/Dining, Stainless Steel Appl
  • Living Room: Walk-Out, Open Concept
  • Kitchen: Open Concept, Stainless Steel Appl
  • Living Room: Open Concept, Pot Lights
  • Kitchen: Open Concept, Pot Lights
  • Living Room: Open Concept, Pot Lights
  • Kitchen: Stainless Steel Appl
  • Amenities:
  • Taxes: $5,593.56 (2024)
Living14 x 15 ft210 sq ft
Kitchen10 x 7 ft70 sq ft
Br10 x 12 ft120 sq ft
Living10 x 10 ft100 sq ft
Kitchen10 x 4 ft40 sq ft
Br10 x 8 ft80 sq ft
Living7 x 10 ft70 sq ft
Kitchen10 x 7 ft70 sq ft
Br9 x 9 ft81 sq ft
Living11 x 7 ft77 sq ft
Kitchen11 x 4 ft44 sq ft
Br11 x 11 ft121 sq ft
Living13 x 13 ft169 sq ft
Kitchen7 x 7 ft49 sq ft
Br9 x 7 ft63 sq ft
Living13 x 11 ft143 sq ft
Kitchen9 x 3 ft27 sq ft
Br7 x 8 ft56 sq ft

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.