1191 Woodbine Avenue, Toronto, ON

Woodbine-Lumsden, Toronto · MLS® E13814224

$949,000
For Sale
Listed 7 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
0Parking
700-1100Sq ft

About this home

In short

  • Here's a turn-key investment and/or live-in opportunity: All the heavy lifting has been done.
  • Three levels, three rented apartments, each featuring its own open concept living area / kitchen and separate bedroom.
  • Contemporary renovations in basement and main; top floor renovated prior to current ownership.

Here's a turn-key investment and/or live-in opportunity: All the heavy lifting has been done! Three levels, three rented apartments, each featuring its own open concept living area / kitchen and separate bedroom. Contemporary renovations in basement and main; top floor renovated prior to current ownership. Shared amenities include laundry room with skylight, bright and leafy backyard space, enclosed front porch. Fabulous tenants! Being within a ten minute walk of Danforth Village, subway and Taylor Creek greenspace contributes to this location's appeal.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13814224
Bedrooms
2+1 (3 total)
Bathrooms
3
Size
700-1100 sq ft
Lot
16.01 × 95.14 ft
Cross streets
Woodbine / Danforth
Parking
0 parking
Driveway
None
Basement
Apartment, Separate Entrance
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Brick
Roof
Asphalt Shingle, Flat
Sewer
Sewer
Property tax
$3,424 / 2025
Days on market
7
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

Living RoomBasement3.89 × 2.39 m

open concept · pot lights · window

BedroomMain3.05 × 3.40 m

hardwood floor · window · closet

Living RoomMain4.00 × 3.73 m

hardwood floor · open concept · window

BedroomBasement3.89 × 2.89 m

pot lights · vinyl floor · window

BedroomSecond4.00 × 3.60 m

window · west view · closet

KitchenSecond2.10 × 3.50 m

tile floor · open concept · combined w/living

KitchenMain2.62 × 2.65 m

tile floor · pot lights · eat-in kitchen

Living RoomSecond4.00 × 3.80 m

broadloom · large window · overlooks backyard

LaundryGround1.80 × 2.87 m

walk-out · window · tile floor

KitchenBasement3.79 × 1.79 m

open concept · pot lights · vinyl floor

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$723Kautomated estimate, from recent sales

Listed at $949,000, about 31% above our estimate of $723K (homes like it typically land between $678K and $758K).

Why $723K. The typical semi-detached home sold in Woodbine-Lumsden over the past year went for about $878K (16 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $3,424 a year; the typical home sold here pays about $4,000.
  • ▲ Raises it2+1 bedrooms and 3 baths, against 2.5+1 and 2 typically.
  • ▼ Lowers it slightly0 garage and 0 total parking spaces, against 0 and 1 typically.
  • ▼ Lowers it slightlyIts lot is 16 by 95 ft; the typical lot sold here is 17 by 123.
List price
$678KBelow our range$949KAbove our range

Total price vs nearby homes. Fair value about $723K, learned from recent GTA sales.

The market behind the math:

4sold nearby · 90 days
7days on market so far
$3,425/moest. rent · 5 leases
4.3%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,054/sqft against an area asking average of $859/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Woodbine-Lumsden basements rarely rent out (1 of 11 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 18 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $771K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

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 Woodbine-Lumsden, so I widened the search to the surrounding area.

Based on 18 comparable homes that sold in Woodbine-Lumsden over the past two years, from 29 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$929kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $723K, which is where my estimate comes from.

Per square foot, these ask about $961/sqft; this home lists at $1,054/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
949kThis home799k948k899k950k1.05MThis home vs active comparables

Neighbourhood & location

Woodbine-Lumsden, 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.

Nearby neighbourhoods

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

East End-Danforth
$1.19M
Woodbine Corridor
$988K
Greenwood-Coxwell
$909K
North Riverdale
$1.30M
South Riverdale
$1.29M

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 Gledhill Junior Public School
76%
Gledhill Junior Public SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 76% meet the provincial standard
William J McCordic SchoolEQAO results not published
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
D A Morrison Middle School · Public elementary0.5 km · 79% at standard
Canadian Martyrs Catholic School · Catholic elementary0.8 km · 75% at standard
Earl Beatty Junior and Senior Public School · Public elementary0.8 km · 87% at standard
Parkside Elementary School · Public elementary0.8 km · 75% at standard
East York Alternative Secondary School · Public secondary0.9 km
R H McGregor Elementary School · Public elementary1.0 km · 68% at standard
East York Collegiate Institute · Public secondary1.1 km · 64% at standard
Secord Elementary School · Public elementary1.1 km · 61% at standard
Earl Haig Public School · Public elementary1.3 km · 62% at standard
Cosburn Middle School · Public elementary1.3 km · 68% at standard
Diefenbaker Elementary School · Public elementary1.3 km · 68% at standard
St Nicholas Catholic School · Catholic elementary1.4 km · 61% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,325/mo
$177KIncome needed
5.4×Price ÷ income
$998Weekly cost
$30,910Land transfer tax, one-time (Ontario + Toronto)
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.

94%mortgage
Mortgage $4,325Property tax $285Total carry $4,611

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,198per month

Mortgage amount $759,200 · 4.49% over 25 years

$189,800Down payment (20.0%)
$759,200Loan before insurance
$0CMHC premium
$4,483Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,198
Property tax
$285
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,483

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

One-time closing costs

Ontario land transfer tax
$15,455
Toronto municipal land transfer tax
$15,455
Estimated closing costs
$30,910

Plus your down payment of $189,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,081/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

$500,124Total interest paid
$1,259,324Total of all payments
Principal $759,200 Interest $500,124
YearPrincipalInterestBalance
1$16,942$33,431$742,258
2$17,711$32,662$724,547
3$18,516$31,857$706,031
4$19,356$31,017$686,675
5$20,235$30,138$666,440
6$21,154$29,219$645,286
7$22,114$28,259$623,172
8$23,118$27,255$600,053
9$24,168$26,205$575,885
10$25,265$25,108$550,620
11$26,412$23,960$524,208
12$27,612$22,761$496,596
13$28,865$21,508$467,730
14$30,176$20,197$437,554
15$31,546$18,827$406,008
16$32,978$17,395$373,030
17$34,476$15,897$338,554
18$36,041$14,332$302,513
19$37,678$12,695$264,836
20$39,388$10,985$225,447
21$41,177$9,196$184,271
22$43,046$7,327$141,224
23$45,001$5,372$96,224
24$47,044$3,329$49,180
25$49,180$1,193$0

At the end of your 5-year term

Total paid over the term
$251,865
Principal paid down
$92,760
Interest paid
$159,105
Balance remaining
$666,440

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
From 5 whole-home leases in Woodbine-Lumsden$3,425/mo
$41,100Gross annual rent
3.3%Cap rate after taxes and upkeep
$3,014 to $3,836Typical rent range

About the suite: in Woodbine-Lumsden basements rarely rent out (1 of 11 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Woodbine-Lumsden signed at a median of $4,100 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,425. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.3%
Gross yield
− Property tax $3,424− Insurance $1,400− Vacancy & upkeep $4,521Net operating income $31,755

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL ESTATE HOMEWARD. MLS®/PropTx.

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