$898,000

For saleJust listed

916 Woodbine Avenue, Toronto (Woodbine Corridor) - Single Family for Sale

916 Woodbine Avenue, Toronto (Woodbine Corridor), Ontario, M4C4B7

3 beds3 baths2 parking1,300 ft²17 × 120 ft (2,064 sq ft) lot sizeListed Today

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $898,000, it is attractively priced about 18% below the $1,096,000 median asking price in Toronto. It has been on the market 0 days, fresher than the Toronto average of 53 days.

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Description

Exceptional investment opportunity in the heart of Toronto's highly sought-after Beaches neighbourhood! This two-storey detached home offers three self-contained units, making it ideal for investors, multi-generational families, or owner-occupants seeking rental income.The second-floor suite features one spacious bedroom, a large updated kitchen, and a full bathroom. The main-floor unit offers one spacious bedroom, a kitchen, and a full bathroom walkout to back porch. The separate basement apartment includes 1 bedroom, its own kitchen, and a full bathroom, providing additional income potential.Complete with a parking for 2 vehicles in the back, this versatile property is located just minutes from the subway, TTC, beach, parks, schools, transit, vibrant shops, cafes, and restaurants. A rare opportunity to own an income-generating property in one of Toronto's most desirable East York community. (id:66096)

Property Details

MLS®: E14159262
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 17 × 120 ft (2,064 sq ft)
Frontage: 17 ft
Storeys: 2
Basement: Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $5,102.62/yr
Listed: Today

Rooms

Main level

Living room: 3.9 x 2.8 meters
Kitchen: 4 x 3.3 meters
Bedroom: 4 x 3.8 meters

Second level

Living room: 4.7 x 4 meters
Kitchen: 4 x 2.35 meters
Bedroom: 3.03 x 3.03 meters

Basement

Living room: 7.7 x 3.6 meters
Kitchen: 5.14 x 2 meters
Foyer: 1.52 x 10 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Flooring: Tile, Laminate, Linoleum
Foundation: Block
Exterior: Brick, Stone
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Woodbine Corridor) listings, avg age

53d

Price / ft²

$691

List price

$898K

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.

Haho

This 3-bed single family in Toronto (Woodbine Corridor) has been listed for 0 days, which is 53 days fresher than the city average of 53. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · OKSANA KOHANOVA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4C)

This home lists at $898,000, about 10.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $175,411 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.

Median household income: $83,000
Population: 46,440
Median age: 40
Owner / renter: 53% / 47%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4C)

$898,000· $691/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.22% · $64,800

Min 7.22%50%

Mortgage payment$4,619/mo

↳ CMHC premium ($33,328 capitalized)

Property tax (est.)$425/mo

Total monthly$5,045

Cash Needed to Close

Down payment (7.22%)$64,800

Land transfer tax$28,870

Est. closing costs$5,194

Total cash needed$98,864

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