$2,990,000

Investment For Sale In Mimico, Toronto, Ontario

$2,990,000

Property Information:

A unique opportunity to own a rarely available waterfront property only 10 minutes to downtown Toronto with 60 ft frontage on Lake Ontario. The property is currently an operating triplex with 3,685 sq ft of rentable area (includes 1,025 sq ft lower-level unit). Lower Level is 1,025 sq ft 900 sq ft apt includes 1 b/r, kitchen,Living/dining room, foyer, plus the laundry and furnace room. The property offers an Investor or end user an opportunity to improve/densify the existing building, hold it for aninvestment, or build their dream waterfront home. Live in the 3-level unit and collect rent! Detached 400 sq ft rear garage. Mutual drive and rear laneway access. **** EXTRAS **** Mechanical updates (200 Amps,Gas Boiler, Windows, Wiring throughout, Plumbing). Suite updates. Great potential to densify the existing building and/or add a laneway suite. The Seller will hold a VTB mortgage for qualified buyers. (id:7525)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Floor Space: 3685 Square Feet
  • Heating Type: Hot water radiator heat

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 4
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 3685.00 Square Feet
  • Irregular: Yes
  • Lot Size: 35.76 x 180 FT ; Irregular shape. see survey. 2 Pin No's
  • No. of Parking Spaces: 6

Courtesy of: Royal LePage Real Estate Services Ltd.

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