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Investment signal

$1,075,000

409 WOODBINE AVENUE

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (The Beaches). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Well located Duplex, steps from the boardwalk, offering a fantastic investment or multigenerational living opportunity. this property features 2 -2bedroom units, each with functional layouts, ensuite laundry and walkouts to private decks providing great outdoor living space. The upper unit shows well. the lower unit may require some vision, making this a great value-add opportunity for investors. with parking for 4 vehicles and close proximity to shops, dining, transit and the waterfront, this property combines location and potential. Solar panels generate approximately $300.00/month. microFIT program can be assigned."Lower unit vacant, pictures were taken before the present tenant moved in". (id:65958)

Subtype: Multi-family
Structure: Duplex
Community: The Beaches
Lot dimensions: 26 x 133.5 FT
Bedrooms: 4 above grade, 1 below grade
Parking: 4 total
Stories: 2
On market: Apr 9, 2026
Status changed: Apr 22, 2026
Annual tax: $5,843.3
Photos: 30
MLS#: E12977514
Area: TORONTO_(THE_BEACHES)

Features and systems

Parking

No Garage

Basement

FinishedN/A

Appliances

AllDryerTwo stovesTwo WashersTwo Refrigerators

Heating

Radiant heatNatural gas

Cooling

None

Exterior

Brick Facing

Flooring

HardwoodCarpeted

Foundation

Brick

Negative cash flow ~$1,168/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.52%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,604

Financing

Down payment$215,000

Loan amount$860,000

Mortgage$4,357/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$493

Insurance$80

Maintenance$896

CapEx reserve$448

Vacancy loss$269

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,357/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.