3 Columbine Avenue, Toronto E02

Price: $1,299,000

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: E13759746

Incredible opportunity to own a Large Brick 3 storey home in the highly Sought After Beach Triangle Community. This wide property provides opportunity to live comfortably in the spacious 3 bedroom, 2 storey upper unit with an additional gorgeous renovated 1 bedroom main floor unit And another 1 bedroom suite in the lower level. Set on a quiet residential street just moments from Queen Street East and the lake, it offers the kind of location that draws people to the neighbourhood and keeps them here for years. What truly sets this home apart is its remarkable flexibility. Currently three distinct living spaces, it presents endless possibilities for investors, multi-generational families, or buyers looking for a place to live with potential income. The layout also offers ample space to restore the home into one spacious single-family residence, creating a home tailored to your own vision while preserving the timeless charm. The recently renovated main floor is bright and inviting, while the upper levels provide generous living spaces, including a private south-facing deck that feels like a hidden retreat with gorgeous views of the city. A separate entrance to the lower level suite adds even more versatility, allowing the home to adapt as your needs evolve.The Beach Triangle is one of Toronto's most distinctive neighbourhoods, where historic homes, independent cafes, local boutiques, vibrant restaurants, leafy streets and the waterfront come together to create a community unlike anywhere else in the city. The Triangle is known as "the family friendly" neighbourhood in the Beach. Whether you're searching for a smart investment, a home with income potential, or a place to create your forever home, 3 Columbine Avenue is ready for its next chapter. Steps to transit with easy access in and out of the Beach.

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$1,299,000 - 3 Columbine Avenue, The Beaches

Semi-Detached for Sale in The Beaches

Popular Listing

Neighbourhood: The Beaches

5Beds
4Baths
1,500 - 1,999Sq Ft
Semi-Detached

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Property Details
MLS Number
E13759746
Property Type
Semi-Detached
Status
active
Days on Site
8
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
KELLER WILLIAMS ADVANTAGE REALTY
Description

Incredible opportunity to own a Large Brick 3 storey home in the highly Sought After Beach Triangle Community. This wide property provides opportunity to live comfortably in the spacious 3 bedroom, 2 storey upper unit with an additional gorgeous renovated 1 bedroom main floor unit And another 1 bedroom suite in the lower level. Set on a quiet residential street just moments from Queen Street East and the lake, it offers the kind of location that draws people to the neighbourhood and keeps them here for years. What truly sets this home apart is its remarkable flexibility. Currently three distinct living spaces, it presents endless possibilities for investors, multi-generational families, or buyers looking for a place to live with potential income. The layout also offers ample space to restore the home into one spacious single-family residence, creating a home tailored to your own vision while preserving the timeless charm. The recently renovated main floor is bright and inviting, while the upper levels provide generous living spaces, including a private south-facing deck that feels like a hidden retreat with gorgeous views of the city. A separate entrance to the lower level suite adds even more versatility, allowing the home to adapt as your needs evolve.The Beach Triangle is one of Toronto's most distinctive neighbourhoods, where historic homes, independent cafes, local boutiques, vibrant restaurants, leafy streets and the waterfront come together to create a community unlike anywhere else in the city. The Triangle is known as "the family friendly" neighbourhood in the Beach. Whether you're searching for a smart investment, a home with income potential, or a place to create your forever home, 3 Columbine Avenue is ready for its next chapter. Steps to transit with easy access in and out of the Beach.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches

Discover The Beaches

The Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

The Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

3 Columbine Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,409

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $866/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Detached Home Advantages

Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in The Beaches.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About The Beaches

I know The Beaches well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3 Columbine Avenue | $1,299,000 | Battaglia Team