389 Woodbine Avenue, The Beaches, Toronto (E12409932)

$2,149,000
389 Woodbine Avenue
The Beaches
Toronto
basic info
4 Bedrooms, 6 Bathrooms
Size: 2,500 sqft
Lot: 3,780 sqft
(27.00 ft X 140.00 ft)
MLS #: E12409932
Property Data
Taxes: $5,593.56 (2024)
Parking: 4 Parking(s)
Virtual Tour
Multiplex in The Beaches, Toronto, brought to you by Loree Meneguzzi
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.
Listed by RE/MAX HALLMARK RICHARDS GROUP REALTY LTD..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
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specifications
type: | Multiplex |
style: | 3-Storey |
taxes: | $5,593.56 (2024) |
bedrooms: | 4 |
bathrooms: | 6 |
frontage: | 27.00 ft |
lot: | 3,780 sqft |
sqft: | 2,500 sqft |
parking: | 4 Parking(s) |







































