389 Woodbine Avenue, Toronto E02, Ontario M4L 3P7 is For Sale and has a listing price of 2,149,000. The property is located in the The Beaches neighbourhood . It's been on the website for 3 Days.
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 (27×140). 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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 09/17/2025 | E12409932 | $2,149,000 | For Sale | - | - |
| 09/17/2025 | E12409935 | $2,149,000 | For Sale | - | - |
| 05/15/2025 | E12151193 | $2,379,000 | For Sale | - | - |
| 05/13/2025 | E12144893 | $2,379,000 | For Sale | 08/13/2025 | - |
