$1,348,000 - 93 Rainsford Road, The Beaches
Multi-Family for Sale in The Beaches
Neighbourhood: The Beaches
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- MLS Number
- E13753116
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 29
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Taxes (2026)
- $7,243
- Listing Brokerage
- UNION REALTY BROKERAGE INC.
Rare opportunity to own a character-filled triplex in Toronto's highly sought-after Beaches neighborhood. Ideal for investors or owner-occupiers, this solid brick semi offers three self-contained apartments, two-car laneway parking and outstanding income potential, all just seconds from the lake. The vacant main-floor 2-bedroom suite is freshly painted with brand-new, never-lived-on flooring, new washer/dryer, exposed brick, fireplace & sliding barn doors. The smaller second bedroom is ideal as a nursery, office or workspace. Move right in or lease at current market rent. The charming upper 1-bedroom suite is filled with natural light and features exposed brick, fireplace, soaring vaulted ceilings, built-in ladder to a loft/storage area, sliding barn door and private rear deck. The lower 1-bedroom suite also offers exposed brick and a cozy, functional layout. Both upper and lower suites are occupied by fantastic month-to-month tenants who would love to stay. Appliances are included with each unit, plus an owned tankless hot-water system and numerous updates, many completed in 2017 and 2026. Enjoy a freshly painted front stoop, perfect for morning coffee, plus two-car parking off the rear lane, offering additional income potential. An exceptional Beaches location! Walk to the Beaches, Boardwalk, Ashbridges Bay, waterfront trails, parks and Queen Street East's shops, cafés and restaurants. TTC is nearby with convenient access to the subway and downtown. A rare combination of character, income, flexibility and an incredible Beaches lifestyle! Please see Brokerage remarks for important showing instructions.
Estimate your monthly payments for this property
Estimated Payment
$5,962.66/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
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
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.
93 Rainsford Road, 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
Premium Pricing
At $1225/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 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 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 $5,617 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.