256 Woodbine Avenue

Welcome to your next investment opportunity: a fantastic Multi-Family Home for sale in Toronto , located at 256 Woodbine Avenue, Toronto. This charming multiplex is nestled in the desirable community of The Beaches, where the vibrant atmosphere meets the tranquillity of lakeside living. With its prime location at the intersection of Queen and Woodbine, this property offers not just a home, but a lifestyle that many dream of.

As you approach the property at 256 Woodbine Avenue, Toronto, you'll be greeted by an attractive exterior featuring a combination of aluminium siding and brick, giving it a modern yet classic appeal. This three-storey building boasts four spacious bedrooms and a den, making it perfect for families or those looking to take advantage of the rental market. With three kitchens and three bathrooms, the layout is designed for convenience and comfort, ensuring that everyone has their own space.

Inside, you'll find a total of eight rooms, providing ample space for various living arrangements. Each suite comes equipped with its own laundry facilities, enhancing the appeal of this Multi-Family Home for sale in Toronto for potential tenants. The absence of a family room may seem like a drawback, but the generous layout and individual suites more than compensate for it.

The property is unfurnished, allowing you the freedom to decorate and furnish each suite according to your taste or to appeal to prospective renters. The central air conditioning will keep everyone cool during the hot summer months, while the forced air heating system ensures warmth during the chilly winters. Though there is no fireplace, the efficient heating system will keep the space cosy.

One of the standout features of this Multi-Family Home for sale in Toronto is the basement apartment, which adds an extra layer of versatility to the property. This space could serve as a separate living area for family members, guests, or even as an additional rental unit, further enhancing your income potential. The property also includes two parking spaces, accessible via a private laneway, which is a rare find in this bustling area.

While the property does not have a pool or a central vacuum system, it does offer the convenience of municipal water and sewer services, making for hassle-free living. The lot measures a generous 19 by 115 feet, providing plenty of outdoor space for potential landscaping or recreational use.

Living at 256 Woodbine Avenue, Toronto, means you are just a short stroll away from the stunning lakefront, where you can enjoy the beauty of nature while still being within the city core. The Beaches community is known for its vibrant lifestyle, with plenty of shops, cafes, and parks nearby. This makes the Multi-Family Home for sale in Toronto not just a property, but a gateway to a lifestyle filled with leisure and enjoyment.

In summary, this property at 256 Woodbine Avenue, Toronto, is a rare find in a sought-after location. With its multiple suites, excellent rental potential, and proximity to the lake, it’s an ideal investment for anyone looking to dive into the Toronto real estate market. Don’t miss out on this incredible opportunity to own a Multi-Family Home for sale in Toronto that combines comfort, convenience, and the charm of The Beaches community. Whether you’re looking to live in one suite and rent out the others or simply invest in a property with great income potential, this home is sure to tick all the boxes.

The Beaches, often simply referred to as "The Beach," is a picturesque neighbourhood in Toronto that beautifully merges urban living with a relaxed, seaside atmosphere. Nestled along the shores of Lake Ontario, this area is renowned for its sandy beaches, scenic boardwalk, and vibrant parks, making it an ideal retreat for outdoor enthusiasts. The charming streets are lined with quaint shops, trendy cafes, and local eateries, fostering a strong sense of community spirit. With a diverse mix of residents and a welcoming vibe, The Beaches offers a unique blend of leisure and lifestyle, all within easy reach of downtown Toronto. Whether you’re strolling along the waterfront or enjoying a local festival, this neighbourhood provides a perfect balance of tranquillity and urban convenience.

Schools in the Neighbourhood

This property is conveniently located near several reputable educational institutions, making it an ideal choice for families. Just 0.4 km away, Kew Beach Junior Public School offers a strong elementary education for grades JK to 6, boasting a commendable school rating of 8.4. For older children, Glen Ames Senior Public School, located 0.8 km away, serves grades 7 to 8, although it currently has a school rating of 0. Monarch Park Collegiate Institute, a secondary school for grades 9 to 12, is situated 1.7 km from the property and has a solid rating of 8.3. Additionally, Duke of Connaught Junior and Senior Public School, offering French instruction for grades JK to 8, is 1.3 km away with a rating of 5.8. Families seeking a Catholic education will find St. Denis Catholic School (1.4 km away, rating 8.8) and Notre Dame High School (1.6 km away, rating 8.6) to be excellent options. Lastly, St. Brigid Catholic School, offering French instruction for younger grades, is located 2.1 km away with a rating of 5.5. Overall, this area provides a diverse range of educational choices for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, affluent community with a population of 399 residents. The average household size is 2.2, and the average age is 45.5 years, indicating a mature population. The average household income is notably high at $149,000, with only 5.6% of residents classified as low-income. The housing market is robust, with an average property price of $1,580,000. The community is characterized by a significant proportion of single individuals (45.59%) and a notable presence of families, as 40.91% of households include children. Additionally, 22.5% of the population consists of immigrants, contributing to the area's diversity. Renting is common, with 45.71% of residents identified as renters, and 28.57% live in condominiums. Education levels are impressive, with 72.86% of residents holding a college or university degree. However, 35.71% of the population is not in the labor force, suggesting a mix of working professionals and retirees. Overall, this community offers a blend of affluence, education, and family-oriented living, making it an attractive location for potential buyers.