$1,449,000 $7,779 est/mo Sourced by Back At You

144 Lake Cres,Toronto, ON M8V 1W1

Toronto ON, M8V 1W1

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Description

This Triplex in Mimico Village, given its excellent condition, is an attractive opportunity, presenting three distinct Buyer options: 1) Ideal for a multi-generational Family looking to occupy all three Apartments. 2) Perfect for a Buyer interested in living in one unit while generating approximately $50,000 to $60,000 annually in additional income. 3) A great option for Investors seeking a 5% cap rate. Situated in sought-after Mimico Village on a nice street, residents will appreciate the proximity to excellent schools, serene lakefront parks, convenient transportation options including streetcar access to downtown, the Go Train, bus routes to the subway, shops, a variety of dining options, and of course, the renowned San Remo Bakery and Cafe

Details

MLS#W8394042
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site50
Listing Provided ByRE/MAX PROFESSIONALS INC. | Not Provided

Features

Bed(s)5
Bath(s)3
Garage1
BasementY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 2 hours ago
ProvinceON
CountyToronto W06
CityToronto
Postal CodeM8V 1W1
AreaToronto
Community NameMimico
Listing VS Median (in Mimico)
Price:
$1,449,000
low | high
Med:
$0
On Site:
50
low | high
Med:
Sourced by Back At You
Listing Updated: July 13, 2024 at 5:10:04 PM PDT