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Stuart McKerrow pic stuart.mckerrow@gmail.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

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$2,379,000
Available - For Sale
Listing ID: E12144893
Rare opportunity to own a fully renovated, high income-generating residential property in prime Beach! An incredible turn-key multi-unit residence designed for savvy investors, multi-generational families, or owners looking to live in one suite while renting out the others. All six self-contained 1-bedroom units are separately metered and have been thoughtfully designed and finished. The main floor is especially appealing as an owners suite: a king-sized 1-bedroom with its own laundry and a walkout to a private Trex deck and landscaped backyard with 3-zone irrigation. Set the market rents or create your own living arrangement as 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, and has been meticulously upgraded from the ground up, including 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 energy-efficient heat pumps. Wide and deep lot (27x140) where parking for up to 4 cars is possible. No detail overlooked! Truly spectacular investment with a high cap rate in one of Torontos 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 for high cap rate is attached.
Price $2,379,000
Taxes: $5,593.56
Occupancy by: Owner+T
Address: 389 Woodbine Aven , Toronto, M4L 3P7, Toronto
Directions/Cross Streets: Woodbine Ave & Queen St E
Rooms: 14
Rooms +: 6
Bedrooms: 4
Bedrooms +: 2
Washrooms: 6
Family Room: F
Basement: Apartment
Finished wit
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 13.51 14.76 Bay Window, Open Concept, Hardwood Floor
Room 2: Main Kitchen 10.33 7.38 Centre Island, Renovated
Room 3: Main Bedroom 9.71 11.61 Open Concept, B/I Closet, Hardwood Floor
Room 4: Second Living Ro 10.40 10.23 Bay Window, Open Concept, Hardwood Floor
Room 5: Second Kitchen 10.33 4.49 Stainless Steel Appl, Open Concept
Room 6: Second Bedroom 9.64 7.81 Window
Room 7: Second Living Ro 7.45 9.58 Large Window
Room 8: Second Kitchen 9.84 7.18 Open Concept, Combined w/Dining, Stainless Steel Appl
Room 9: Second Bedroom 9.09 8.99 Window, Closet
Room 10: Third Living Ro 10.86 6.72 Walk-Out, Open Concept
Room 11: Third Kitchen 11.28 4.03 Open Concept, Stainless Steel Appl
Room 12: Third Bedroom 10.89 10.79 Large Window, Closet
Room 13: Basement Living Ro 12.86 13.15 Open Concept, Pot Lights
Room 14: Basement Kitchen 6.66 7.05 Open Concept, Pot Lights
Room 15: Basement Bedroom 9.48 6.82 Window
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Second
Washroom 3:  3 Third
Washroom 4:  4 Basement
Washroom 5:  0
Property Type: Other
Style: 3-Storey
Exterior: Brick
Stucco (Plaster)
Garage Type: None
(Parking/)Drive: Mutual, Av
Drive Parking Spaces: 4
Park #1
Parking Type: Mutual, Av
Park #2
Parking Type: Mutual
Park #3
Parking Type: Available
Pool: None
Other Structures: Shed
Approximatly Square Footage: 1500-2000
Property Features: Beach
Lake/Pond
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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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

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
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At a Glance:
Type: Freehold - Other
Area: Toronto
Municipality: Toronto E02
Neighbourhood: The Beaches
Style: 3-Storey
Lot Size: x 140.00(Feet)
Approximate Age:
Tax: $5,593.56
Maintenance Fee: $0
Beds: 4+2
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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