Size
-
Lot size
3276 sqft
Street frontage
-
Possession
2025-10-15
Price per sqft
$699 - $954
Taxes
$3,956 (2024)
Parking Type
-
Style
2-Storey
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Description
Wonderful investment opportunity. Currently set up as three completely renovated apartments. Great house extensively renovated in 2012-13. Perfect turn key investment with all three apartments currently rented on a month to month basis. Cap Rate of 4.37%!! Located in the heart of Mimico, steps to transit and the GO line. Just a short stroll to the lake and Mimico village. Great for first time home buyers with a double income to help pay the mortgage. Large private backyard, and parking for up to three cars. Don't wait, take advantage of the current buyer's market. This property is priced to sell. Rents are as follows. Basement $1350, Main floor $1750, Second Floor $1900. Total monthly income of $5000. Gross yearly income is $60,000. Operating expenses for 2024 $12,000. Net income $48,000.
Broker: REAL ESTATE HOMEWARD
MLS®#: W12406957
Property details
Parking:
3
Parking type:
-
Property type:
Semi-Detached
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1100-1500 sqft
Lot front:
28 Ft
Lot depth:
117 Ft
Listed on:
Sep 16, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Ground | Dining Room | 9.9 x 11.4 ft | |
Second | Bedroom | 9.9 x 15.3 ft | |
Basement | Bedroom | 15.8 x 15.9 ft |
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Instant estimate:
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$69,993
lower than listed pricei
High
$1,022,954
Mid
$979,007
Low
$937,483
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