111 Woodbine Avenue, Toronto, ON
The Beaches, Toronto · MLS® E12947180
About this home
3 lots, each 25 feet wide potential for future development. Front property with house andgarage is 25 ft. x 115 ft. prox. and rear property is 50 ft. x 100 ft. prox. Main housecompletely renovated with Everlast all aluminum windows, commercial grade cast pipe, HRV,Spacepac and steamer unit. Roofs are 8 yrs old. Flat roof is R22 with sprayfoam. Douglas firexposed joists on main floor. In floor sound insulation prevents sound from travelling floorto floor, Automatic blinds throughout the house, Security system. Interlock pavers on 6 inchconcrete base with drains underneath, all lights LED. All fireplaces and woodstoves WETTinspected less than 5 years ago. Inground sprinkler, 22 KWH generator for back up power.Basement is completely renovated into one bedroom accessory apartment with separate entrance,sump pump and backflow preventer. Garage 1 is a double car garage with epoxy floors, radiantin floor heating, hot yoga panels in the ceilings, all Loewen garage doors and doors togarage, large plunge tub, shower and full bathroom, 450 liter water tank, 100 amp panel, splitunit A/C, dry sauna with pine walls and cedar benches, pocket doors, Rubinet faucets. Garage 2is a double car sized workshop with 100 amp service, 150,000 BTU boiler, glycol radiantheating system, full 3 pc. bathroom, Douglas fir posts, wood stove, built in workbenches andtool cabinets. Backyard features a covered outdoor kitchen and seating area with with winefridge, real natural stone fireplace, bbq pit with 2000 cfm exhaust fan, all inground autosprinklers. Access property off of Woodbine or through rear lane. Looking for a lot ofproperty just feet from Woodbine Beach with a lot of future development potential and a highquality existing home? Explore the potential of building two detached homes on 25'x100' lotsin the back to sell or for a family compound. Beach location is prime whatever the use.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- E12947180
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 24.29 × 214.1 ft
- Cross streets
- Woodbine/ South of Queen/ Beach
- Parking
- 2 garage · 6 parking (detached)
- Driveway
- Mutual
- Basement
- Apartment, Separate Entrance
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Unknown
- Roof
- Shingles, Rolled
- Sewer
- Sewer
- Property tax
- $12,510 / 2025
- Days on market
- 112
- Listing brokerage
- BRAD J. LAMB REALTY 2016 INC.
Rooms
Listed at $3,200,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In The Beaches lately, sellers have been getting about 105% of asking and homes sell in about 14 days.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in The Beaches, so I widened the search to the surrounding area.
Based on 25 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 25 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.69M, a close match. The listing gives square footage as a wide range, so the size adjustment (and this estimate) is approximate; confirming exact size would sharpen it.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $2.04M
- Size difference +$500K
- Bedrooms −$60K
- Bathrooms +$60K
- Adjusts to $2.54M
That comparable adjusts to $2.54M; the $2.58M estimate above is the median of all 25 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Kew Beach Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $2.58M, median of 25 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 33% below the area average of $1,125/sqft.
111 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
The Beaches, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $2,560,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,661
- Property tax
- $1,043
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,704
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $66,475
- Toronto municipal land transfer tax
- $68,475
- Estimated closing costs
- $134,950
Plus your down payment of $640,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $819,667
- Principal paid down
- $326,017
- Interest paid
- $493,650
- Balance remaining
- $2,233,983
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BRAD J. LAMB REALTY 2016 INC.. MLS®/PropTx.