389 Woodbine Ave
The Beaches, Toronto
$2,149,000
Buy with Dwelly and Save $21,490
Home Details
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Listing Description
Fully renovated, high income-generating multiplex in prime Beach! Turn-key multi-unit residence with 6 self-contained 1-bedroom units, separately metered. All units are vacant except for the front basement suite (month-to-month tenant at $1,480/mo). Entire house has been meticulously managed and gutted with new studs, insulation, and drywall. Upgrades include: new plumbing and electrical systems (two 200-amp services and 7 separate meters), soundproofing, underpinned basement with 8 foot ceilings and 3 walkouts, newer roof (2019), mostly Pella windows, and 2 energy-efficient heat pumps. Oversized wide & deep lot (27x140). Parking for up to 4 cars is possible. No detail overlooked! Projected $132,000/yr NOI (or potential for AirBnB income) for excellent cap rate over 6% in one of Toronto's most sought-after neighbourhoods! Just steps from public transit, shops on Queen Street, as well as the boardwalk and the lake. Pride of ownership is clear and it's a joy to show! Brochure with floor plans and projected financials 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
City: Toronto
Neighborhood: The Beaches
Property History
Rooms
Room dimensions for 389 Woodbine Ave, Toronto
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 389 Woodbine Ave is 11060
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2149000 |
| Down Payment | $429800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1719200 |
Monthly Payment
| Mortgage Payment | $10594 |
| Property Taxes | $466 |
| Maintenance Fees | $0 |
| Monthly Payment | $11060 |
About 389 Woodbine Ave, Toronto
Located at 389 Woodbine Ave , this Toronto house is available for sale. This property was listed for $2,149,000 on Thu Sep 18 2025. This house's size is 2500-3000 Sqft. It has 4 bedrooms and 6 bathrooms. The property includes the following rooms: Living, Kitchen, Br, Living, Kitchen, Br, Living, Kitchen, Br, Living, Kitchen, Br, Living, Kitchen, Br, Living, Kitchen, Br. This property comes with 4 parking spots. 389 Woodbine Ave, Toronto is situated in the The Beaches neighbourhood.
MLS#: E12409932 · $2,149,000 · 4 bedroom house in The Beaches, Toronto