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$2,298,888
Available - For Sale
Listing ID: W12005038
Newly renovated brick quadplex in Etobicoke. Turnkey Investment opportunity or residential home in the heart of Mimico. A rare find, this low-maintenance brick building offers 4 beautifully updated units, two 2-bedroom units and two 1-bedroom basement apartments. Each unit provides privacy and comfort for tenants including a spacious backyard with greenery and 6 car surface parking. Ideally located close to Mimico GO Train offering a quick and direct commute to downtown Toronto. Enjoy the convenience of nearby shops, restaurants, parks, and the waterfront of Lake Ontario. Recent updates include kitchens, bathrooms, floors, lighting, HVAC and more. Coin-operated laundry income. Sitting on a large lot, this property has potential for expansion offering fantastic opportunity. Whether you're an investor looking for good cash flow or a buyer seeking a multi-unit home with rental income, this four-plex is a must-see. Don't miss out on this prime opportunity! Estimated property cap rate: 4.87%. This property presents a strong investment opportunity with consistent income, reasonable expenses, and potential for growth.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $114,944.4 $229,888.8 $344,833.2 $459,777.6
First Mortgage $2,183,943.6 $2,068,999.2 $1,954,054.8 $1,839,110.4
CMHC/GE $60,058.45 $41,379.98 $34,195.96 $0
Total Financing $2,244,002.05 $2,110,379.18 $1,988,250.76 $1,839,110.4
Monthly P&I $9,610.89 $9,038.59 $8,515.52 $7,876.77
Expenses $0 $0 $0 $0
Total Payment $9,610.89 $9,038.59 $8,515.52 $7,876.77
Income Required $360,408.26 $338,947.14 $319,332.14 $295,378.77

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTY ENTERPRISES INC.

28 Algoma Stre , Toronto, M8Y 1C3, Toronto

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Mimico
Style:
Lot Size: 50.00 x 125.50(Feet)
Approximate Age: 31-50
Tax: $5,629.32
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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