$2,750,000

Investment For Sale In Mimico, Toronto, Ontario

$2,750,000

Property Information:

A unique opportunity to own a rarely available waterfront property only 10 minutes from downtown Toronto with 65 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). The property offers an investor or end user an opportunity to improve the density of the existing building, hold it for an investment or build their dream waterfront home. The stunning, 3rd-floor, 1830 sq ft main apt has a deck overlooking the Lake. The Lower Level is a large 1,025sq ft unit. The 900 sq ft main floor apt includes 1 kitchen, a Living/dining room, and a foyer with Lake views. All 3 units have laundry facilities. Live in the 3-level unit and collect rent! Includes a detached 900 sq ft rear garage. Mutual drive and rear laneway access. Extra land available to build laneway housing. **EXTRAS**Mechanical updates (200 Amps, Gas boiler, Windows, Wiring throughout, Plumbing). Suite updates. There is 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: Triplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Type: Full
  • Easement: Easement
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type:
  • Cooling Type: None
  • Appliances: Dishwasher, Freezer, Stove

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Access Type:
  • Amenities Nearby: Public Transit, Schools
  • Features: Irregular lot size
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 225 Feet
  • Lot Frontage: 35.8 Feet
  • Lot Size: 35.8 x 225 FT ; 2 Pin# 076120112/13.Depth-225.0w&185.1e
  • Utility Type: Hydro - Installed, Sewer - Installed, Cable - Installed
  • View Type: Lake view
  • WaterFront Type: Waterfront on lake
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 6

Rooms:

  • Living 2nd Level 4.47 m x 4.01 m
  • Dining 2nd Level 3.00 m x 2.44 m
  • Kitchen 2nd Level 4.37 m x 2.57 m
  • Bedroom 2nd Level 3.51 m x 3.45 m
  • Bedroom 2nd Level 3.66 m x 3.40 m
  • Family 3rd Level 7.01 m x 5.66 m
  • Living Lower Level 5.33 m x 3.56 m
  • Living Main Level 4.88 m x 3.96 m
  • Dining Main Level 3.05 m x 1.83 m
  • Kitchen Main Level 4.50 m x 2.90 m
  • Bedroom Main Level 3.61 m x 3.05 m
  • Bedroom Main Level 3.66 m x 2.90 m

Courtesy of: Royal LePage Real Estate Services Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.