3 Columbine Avenue, Toronto, ON

The Beaches, Toronto · MLS® E13544428

$1,349,000
For Sale
Listed 8 days ago
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5Bedrooms
4Bathrooms
0Parking
1500-2000Sq Ft

About this home

Incredible opportunity to own a Large Brick 3 storey home in the highly Sought After Beach Triangle Community. This spacious home on a wide lot provides opportunity to live comfortably in the spacious 3 bedroom, 2 storey upper unit while family lives in the gorgeous renovated 1 bedroom main floor space. Set on a quiet residential street just moments from Queen Street East and the lake, it offers the kind of location that draws people to the neighbourhood and keeps them here for years. What truly sets this home apart is its remarkable flexibility. Currently a Duplex with three distinct living spaces, it presents endless possibilities for investors, multi-generational families, or buyers looking for a place to live with potential income. The layout also offers ample space to restore the home into one spacious single-family residence, creating a home tailored to your own vision while preserving the timeless charm. The recently renovated main floor is bright and inviting, while the upper levels provide generous living spaces, including a private south-facing deck that feels like a hidden retreat with gorgeous views of the city. A separate entrance to the lower level suite adds even more versatility, allowing the home to adapt as your needs evolve.The Beach Triangle is one of Toronto's most distinctive neighbourhoods, where historic homes, independent cafés, local boutiques, vibrant restaurants, leafy streets and the waterfront come together to create a community unlike anywhere else in the city. The Triangle is known as "the family friendly" neighbourhood in the Beach. Whether you're searching for a smart investment, a home with income potential, or a place to create your forever home, 3 Columbine Avenue is ready for its next chapter. Steps to transit with easy access in and out of the Beach.

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
E13544428
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
1500-2000
Lot
24.33 × 90 ft
Cross streets
Kingston & Columbine
Parking
0 parking
Driveway
None
Basement
Separate Entrance
Kitchens
3 (2 + 1)
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,328 / 2025
Days on market
8
Listing brokerage
KELLER WILLIAMS ADVANTAGE REALTY

Rooms

Living RoomLower5.53 × 3.20 m

combined w/kitchen · 3 pc bath · window

Bedroom 5Lower4.93 × 2.79 m

window · closet

Dining RoomSecond2.84 × 2.32 m

combined w/dining · window

KitchenSecond3.57 × 2.91 m

stainless steel appl · window · 2 pc bath

KitchenLower3.40 × 2.34 m

combined w/living · window

Living RoomMain4.01 × 3.84 m

large window · fireplace · french doors

Living RoomSecond4.56 × 3.35 m

fireplace · bay window

BedroomMain4.63 × 3.23 m

large window · french doors · closet

Bedroom 3Third4.13 × 5.08 m

w/o to deck · 2 pc bath

Bedroom 4Third5.11 × 4.00 m

bay window · walk-in closet(s)

Living RoomMain

Large Window

FoyerMain2.20 × 2.15 m
Bedroom 2Second3.00 × 2.80 m

window · closet

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.61Mest. value

Listed at $1,349,000, this home is tracking about 16% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.78M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, listed at $1.15M
  • Size difference +$398K
  • Bedrooms +$30K
  • Bathrooms +$30K
  • Adjusts to $1.61M

That comparable adjusts to $1.61M; the $1.61M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Norway Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Kingston Rd at Columbine Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.35MGreat deal$2.26MOverpriced

Total price vs nearby homes. Fair value about $1.61M, median of 5 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.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby in The Beaches · asking prices
$1.89Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

116 Lee Avenue$2.70M2275 Queen Street$1.75M47 Bellefair Avenue$1.15M136 Blantyre Avenue$1.14M55 Northern Dancer Boulevard$2.69M

The 5 closest active listings nearby.

See all comparable homes
1.35MThis home2.70M1.75M1.15M1.14M2.69MThis home vs active comparables
Live market pulseActive comparables in The Beaches · median list $1.75M
$771this home / sqft
5active listings nearby
8days on market

This home lists 22% below the area average of $987/sqft.

4 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

The Beaches, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

80/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Kingston Rd at Columbine Ave, about 14 m away

20+ transit stops6 grocery20+ dining20+ parks12 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Woodbine Corridor
$989K
Greenwood-Coxwell
$850K
Danforth
$1.10M
South Riverdale
$1.30M
Clairlea-Birchmount
$699K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Norway Junior Public School
85%
Norway Junior Public SchoolPublic · Elementary · 0.7 km awayHigher-rated than most nearby · 85% meet the provincial standard
School of Life ExperienceEQAO results not published

Affordability & Mortgage

Affordability
$6,148/mo
$257KIncome needed
5.2×Price ÷ income
$1,419Weekly cost
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $6,148Property tax $611Total carry $6,759

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,759per month

Mortgage amount $1,079,200 · 4.14% over 25 years

$269,800Down payment (20.0%)
$1,079,200Loan before insurance
$0CMHC premium
$6,370Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,759
Property tax
$611
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,370

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$23,455
Toronto municipal land transfer tax
$23,455
Estimated closing costs
$46,910

Plus your down payment of $269,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,995/monthPayment at the qualifying rate

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

$648,504Total interest paid
$1,727,704Total of all payments
Principal $1,079,200 Interest $648,504
YearPrincipalInterestBalance
1$25,282$43,826$1,053,918
2$26,339$42,769$1,027,579
3$27,441$41,667$1,000,137
4$28,589$40,519$971,548
5$29,785$39,323$941,764
6$31,031$38,077$910,733
7$32,329$36,779$878,404
8$33,681$35,427$844,723
9$35,090$34,018$809,634
10$36,557$32,551$773,076
11$38,087$31,022$734,990
12$39,680$29,428$695,310
13$41,339$27,769$653,970
14$43,069$26,039$610,902
15$44,870$24,238$566,032
16$46,747$22,361$519,285
17$48,702$20,406$470,582
18$50,739$18,369$419,843
19$52,862$16,246$366,981
20$55,073$14,035$311,908
21$57,377$11,732$254,531
22$59,777$9,332$194,755
23$62,277$6,831$132,478
24$64,882$4,226$67,596
25$67,596$1,512$0

At the end of your 5-year term

Total paid over the term
$345,541
Principal paid down
$137,436
Interest paid
$208,104
Balance remaining
$941,764

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.

Let's connect

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

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
1.8%Est. cap rate

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 numbers

Estimates 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.

2.8%
Gross yield
− Property tax $7,328− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,914

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS ADVANTAGE REALTY. MLS®/PropTx.

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