389 Woodbine Avenue

389 Woodbine Avenue
389 Woodbine Avenue
389 Woodbine Avenue
+37
4+2
 bed
6
 bath
4
 parking
2500 - 3000
 sqft
Multiplex
$2,149,000
For Sale
5 days
 on site
$2,149,000
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Size
-
Lot size
3780 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$716 - $860
Taxes
$5,593.56 (2024)
Parking Type
-
Style
3-Storey
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Description
Fully renovated, high income-generating multiplex in prime Beach! Turn-key multi-unit residence with 6 self-contained 1-bedroom units, separately metered. All units are vacant except for the front basement suite (month-to-month tenant at $1,480/mo). Entire house has been meticulously managed and gutted with new studs, insulation, and drywall. Upgrades include: new plumbing and electrical systems (two 200-amp services and 7 separate meters), soundproofing, underpinned basement with 8 foot ceilings and 3 walkouts, newer roof (2019), mostly Pella windows, and 2 energy-efficient heat pumps. Oversized wide & deep lot (27x140). Parking for up to 4 cars is possible. No detail overlooked! Projected $132,000/yr NOI (or potential for AirBnB income) for excellent cap rate over 6% in one of Toronto's most sought-after neighbourhoods! Just steps from public transit, shops on Queen Street, as well as the boardwalk and the lake. Pride of ownership is clear and it's a joy to show! Brochure with floor plans and projected financials attached.
Broker: RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
MLS®#: E12409932
Property details
Parking:
4
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard
Style:
3-Storey
MLS Size:
2500-3000 sqft
Lot front:
27 Ft
Lot depth:
140 Ft
Listed on:
Sep 17, 2025
Show all details
Rooms
LevelNameSizeFeatures
Basement
Kitchen
8.7 x 3.4 ft
Second
Kitchen
10.3 x 4.5 ft
Basement
Bedroom
9.5 x 6.8 ft
Show all
Instant estimate:
orto view instant estimate
$96,242
lower than listed price
i
High
$2,125,965
Mid
$2,052,758
Low
$1,949,471
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About 389 Woodbine Avenue

Located at 389 Woodbine Avenue, this Toronto multiplex is available for sale. It was listed at $2149000 in September 2025 and has 4+2 beds and 6 bathrooms. Situated in Toronto's Beach neighbourhood, Upper Beaches | Woodbine Corridor, Little India, Woodbine-Lumsden and Greenwood-Coxwell are nearby neighbourhoods.

There are a lot of great restaurants nearby 389 Woodbine Ave, Toronto.Grab your morning coffee at Bud's Coffee Bar located at 1934 Queen St E. For groceries there is KS which is only a 5 minute walk.

For those residents of 389 Woodbine Ave, Toronto without a car, you can get around quite easily. The closest transit stop is a Bus Stop (Woodbine Ave at Columbine Ave) and is a short distance away connecting you to Toronto's public transit service. It also has route Woodbine South nearby. Access to Don Valley Parkway from 389 Woodbine Ave is within a few minutes drive, making it easy for those driving to get into and out of the city using on and off ramps on Don Mills Rd.