1058 Woodbine Avenue
Danforth, Toronto
$799,900
Bedrooms: 3
Bathrooms: 3
Living Area: 1,100 sqft
Price Per Sqft: $727.18
About this Semi-Detached
in Danforth, Toronto
This beautifully maintained 3+1 bedroom semi-detached home offers the perfect blend of charm, functionality, and location. Nestled in a vibrant, family-friendly neighbourhood, its an ideal opportunity for first-time home buyers and savvy investors alike. With three separate entrances and three kitchens, the layout is perfectly suited for creating distinct living spaces whether youre looking to generate income, accommodate extended family, or enjoy a flexible multi-unit setup. The home offers excellent income potential, with projected rents of approximately $1,700 for the second floor, $1,400 for the main level, and $1,200 for the basement bringing the total possible rental income to $4,300 per month and an impressive 6% cap rate. Live in one unit and let the others help cover your mortgage an ideal scenario for house-hackers or anyone looking to offset living costs. Inside, you'll find thoughtful updates throughout, including new lighting, a fully renovated second-floor bathroom, and brand-new flooring across the entire upper level, adding both comfort and modern appeal. Outside, the aluminum siding and front deck were fully redone in 2025, and the spacious backyard deck offers the perfect spot for entertaining or unwinding on warm summer evenings. Location-wise, it doesnt get much better. Just a short walk to Woodbine Station and Danforth GO, your commute to downtown Toronto is a breezy 20-minute ride. You're also minutes from the scenic Toronto Beaches and just steps from East York's eclectic mix of cozy cafes, trendy restaurants, boutique shops, and green parks everything you need for a vibrant, connected lifestyle.
Listed by TONY K REAL ESTATE.
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LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
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| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
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| * This material is for informational purposes only. | |||
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