$1,529,000 - 434 Victoria Park Avenue, The Beaches
Multi-Family for Sale in The Beaches
32 days on market- MLS Number
- E13119158
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 32
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Turnkey Legal Triplex! A Walker's Paradise & Steeps to the Lake! Rare Investment Opportunity in the highly sought-after Upper Beaches, offering strong potential and flexible living options, including living in one unit while renting out the others to help offset ownership costs and maximize value. This well-maintained property features three self-contained units, each with a private entrance plus private parking, with a detached double garage, making it ideal for investors or end-users seeking long-term value. Renovated with high-quality craftsmanship and premium finishes, it combines modern style with practical livability. The main level offers a bright two-bedroom apartment with an open-concept living/dining area and kitchen, two well-sized bedrooms, one with a walk-in closet, and a 3-piece bath. The second level includes a spacious three-bedroom unit with a rear walk-out, two skylights, one in the hallway and one in a bedroom, enhancing natural light. A large kitchen combined with a living/dining area, and the upper-level's primary bedroom with a 3-piece ensuite. The basement features a comfortable and large one-bedroom unit. Three kitchens and a separate in-suite laundry for each unit provide full independence and ease of use for all occupants. Additional features include: 2 tankless water heaters, 2 A/C units, 2 furnaces, 3 hydro meters, an efficient and well-designed mechanical setup that supports simplified utility management and reliable operation across all units. Situated on a good-sized lot close to transit, shops, schools, and everyday amenities. A strong opportunity in a high-demand neighbourhood for investors or homeowners seeking versatile and reliable living options.
Estimate your monthly payments for this property
Estimated Payment
$6,763.28/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover The Beaches / Upper Beaches
The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in The Beaches / Upper Beaches
- •Convenient location in The Beaches / Upper Beaches
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
434 Victoria Park Avenue, The Beaches / Upper Beaches
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $765/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in The Beaches.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,371 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.