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The Beaches, Toronto
$1,249,000
A spectacular, fully renovated 2-unit residence in PRIME BEACH, turnkey, versatile, & brilliantly located. This exceptional 2.5-storey brick home offers a gorgeous 2-bedroom, 2-storey upper suite plus a beautifully renovated 1-bedroom main & lower suite, creating endless possibilities for end-users, empty nesters, multi-generational families, investors, or anyone seeking a stylish pied-à-terre with income. It can also be converted back into a spacious single-family home. Great curb appeal with a large charming covered front porch & skylight that fills the main level with natural light. Inside, the main-floor suite features a large front hall closet, hardwood floors, open-concept living & dining areas & a modern kitchen with stone counters, gas stove, & walkout to a landscaped rear garden complete with stone patio, low-maintenance turf, & a double-wide shed with dedicated storage for each unit. The lower level offers luxury vinyl floors, laundry, two walk-in closets, a renovated bathroom with double sinks, office nook, king-sized bedroom, & excellent storage. The upper suite is a showstopper. A welcoming entry with storage & coat closet leads to a sun-filled open-concept living space with hardwood floors & pot lights. The dining area easily seats eight, while the renovated kitchen offers abundant cabinetry, counter space, breakfast bar, large pantry, & in-suite laundry. Upstairs, the king-sized primary bedroom features double closets, alongside a second generous bedroom with 2 double closets & walkout to a private rooftop deck, a hidden retreat in the treetops. Whether you're seeking income potential, a smart investment, or the perfect forever home, this property delivers. Set on a quiet residential street just steps from Queen Street East cafés, shops, Kew Gardens, the library, LCBO, Shoppers Drug Mart, grocery store & the lake, this location offers a true walk-everywhere lifestyle. A rare, flexible, beautifully renovated Beach home in an unbeatable location.
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Listing History
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,393
- Property tax
- $624
- Heat allowance
- $150
- Housing costs
- $7,167 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$221,000
gross annual household income
- Payment at 4%
- $5,256 / mo
- Cash down
- $249,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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