$1,399,999 - 679 WOODBINE Avenue, The Beaches
Multi-Family for Sale in The Beaches
64 days on market- MLS Number
- E13077972
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 64
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Stunning Triplex located in the Upper Beaches neighbourhood. Tastefully renovated from top to bottom, this property is the definition of a turnkey investment for those looking to own an income producing property. The ground floor boasts a spacious bachelor unit complete with murphy bed and generous bathroom. Its clean and modern design is beautifully highlighted by large windows, capturing the afternoon sun. The second floor unit is perfect for families or roommates. Accessible through a private side deck, this 2 bedroom, 2 bathroom unit provides a split bedroom floorplan finished with a natural and warm design. At just over 1000 sq. ft, the unit comes with the bonus of a gas fireplace and gorgeous bay window. The third floor contains a 1 bedroom, 1 bath unit. Accessed through a rear private entrance and including an additional private outdoor deck. Currently tenanted month to month for $2100 + utilities, the Tenants show true pride in ownership and are willing to stay. The property features 2 car parking with a separate garage for a potential 3rd spot. All mechanicals are owned, and units separately metered. Roofs replaced in 2021 and 2023. Each unit comes with stainless steel appliances (fridge, stove, dishwasher) and ensuite washer and dryer. Corner lot provides an abundance of natural light in each unit. Convenient location in a desirable neighbourhood, close to schools, parks, transit, shopping, and minutes to the beach.A true showstopper you have to see to believe.
Estimate your monthly payments for this property
Estimated Payment
$6,192.67/mo
5-yr fixed avg.
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.
Discover The Beaches / Upper Beaches
The Beaches / Upper 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 / Upper 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
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 / Upper 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.
679 WOODBINE Avenue, The Beaches / Upper Beaches
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 64 days on site, this property has exceeded the typical selling timeline for The Beaches. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to The Beaches. Good resale value as demand remains consistent.
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.
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 $5,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.