$1,148,888 - 916 Woodbine Avenue, The Beaches
Detached for Sale in The Beaches
Popular ListingNeighbourhood: Woodbine Corridor
- MLS Number
- E13679144
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
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 bedrooms, 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.
Estimate your monthly payments for this property
Estimated Payment
$5,081.92/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 Woodbine Corridor
Woodbine Corridor 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 Woodbine Corridor
- •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
Woodbine Corridor 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.
916 Woodbine Avenue, The Beaches / Upper Beaches
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Rental income estimator & ROI calculator
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
Fair Market Value
At $1044/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 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 Woodbine Corridor
I know Woodbine Corridor 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 $4,787 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.