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$949,000
Toronto
1191 Woodbine Avenue, Toronto (Woodbine-Lumsden), Ontario, M4C4E1
This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Its $949,000 asking price sits right in line with the $949,000 median in Toronto.
Here's a turn-key investment and/or live-in opportunity; live in one unit and potentially rent out the rest! All the heavy lifting has been done! Three levels, three rented apartments, each featuring its own open concept living area / kitchen and separate bedroom. Upper unit has plate glass windows with beautiful view of backyard, and of the sunsets at the front; main floor unit has convenience of easy access to backyard, an updated kitchen, and hardwood floors; lower level unit is newly reno'd with new kitchen, including live-edge countertop, new appliances, plank flooring. Shared amenities such as laundry room with skylight, bright and leafy backyard space, enclosed front porch. Fabulous tenants are all month-to-month, but would like to stay! Currently rented for $1,600 + $1,735 + $1,735 = $5,070/mo gross. Property zoned as mixed use Residential / Commercial. Well established leafy neighbourhood offers dedicated bike path on Woodbine, Woodbine subway station, shops and cafes of Danforth Village, churches and schools only a quick 10 minute walk away, and quick access to Taylor Creek park and bike trails. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 44 days on market, against an average age of 41 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Toronto (Woodbine-Lumsden) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $949,000, about 11.4× the local median household income of $83,000.
Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.