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$2,379,000
Available - For Sale
Listing ID: E12151193
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 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 ceilings and 3 walkouts, newer roof (2019), mostly Pella windows, and 2 energy-efficient heat pumps. Wide & deep lot (27x140). Parking for up to 4 cars is possible. No detail overlooked! NOI of $132,000 /yr for excellent cap rate in one of Toronto's 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 is attached.
Price $2,379,000
Taxes: $5,593.56
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner+T
Address: 389 Woodbine Aven , Toronto, M4L 3P7, Toronto
Postal Code: M4L 3P7
Province/State: Toronto
Directions/Cross Streets: Woodbine Ave & Queen St E
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Building Percentage: T
Total Area: 2,642.43
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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.

389 Woodbine Aven , Toronto, M4L 3P7, Toronto


 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto E02
Neighbourhood: The Beaches
Style:
Lot Size: x 140.00(Feet)
Approximate Age:
Tax: $5,593.56
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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