For Sale

280 Woodfield Road, Toronto E01, Ontario M4L 2W7

$5,795,000

280 Woodfield Road, Toronto E01, Ontario M4L 2W7 is For Sale and has a listing price of 5,795,000. The property is located in the Greenwood-Coxwell neighbourhood . It's been on the website for 53 Days.

  • Investment
    Property Type
  • MLS ID: E12104086
  • Office Name KELLER WILLIAMS ADVANTAGE REALTY
Property Description

This property is an excellent investment opportunity! With 20 residential units and one commercial tenant secured until 2026, you’ve got a great mix of income stability and potential for value appreciation. A 5.35% cap rate offering a great net income and good returns – see attached Property Proforma for the details. Property is self managed (proforma shown with a property management company) for the most part and has a supervisor for maintenance and cleaning.. Mostly month-to-month tenants with three vacant 1-bedroom units which could be leased at market rates currently between $1700-$2300 per month. Also allows for possible renovations to attract a higher rent. The commercial tenant ensures reliable income until December 2026. Popular high demand area due to its walkability, transit access, and vibrant community This area is part of the Greenwood-Coxwell and Leslieville neighbourhoods, known for their vibrant and trendy atmosphere. The area boasts a Walk Score of 93, meaning daily errands can be done on foot. It also has excellent transit options with a Transit Score of 73, making commuting convenient. With a Bike Score of 79, biking is a great way to get around. The neighbourhood is packed with boutique shops, gourmet restaurants, and lively cafes, making it a hotspot for food lovers and shoppers. Residents enjoy easy access to parks and beaches, offering great outdoor spaces for relaxation and recreation. The area has a mix of historic charm and modern conveniences, making it a desirable place to live. Close to many schools in the area providing a mix of academic, technical, and arts-focused programs.

Property Details
  • MLS ID: E12104086
  • Price: $5,795,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: E12104086
  • Year Built: N/A
  • Dir / Cross St: Gerrard St E & Greenwood
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
04/25/2025 E12104055 $5,795,000 For Sale - -
04/25/2025 E12104199 $5,795,000 For Sale - -
04/25/2025 E12104086 $5,795,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Greenwood-Coxwell
  • $1,205,208 Average List Price
    based on 1 year
  • 34 New Listings
    based on 30 days
  • 61 Median Days on Market
    based on 1 year
  • List vs. Selling Price 7.65 % Below
  • Sold (12mo) 92
  • Rented (12mo) 101

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Other
  • Garage Type Other
  • Parking Spaces: 7
  • Taxes: $23,858
  • Last Status New
  • Original Price: $5,795,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30-60 days/Flex
  • Listing Entry Date: 25/04/2025 15:06:57
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