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$2,298,888
Available - For Sale
Listing ID: W12008823
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%. See attached feature sheet for additional estimated financial information. This property presents a strong investment opportunity with consistent income, reasonable expenses, and potential for growth.
Price $2,298,888
Taxes: $5,629.32
Address: 28 Algoma St , Toronto, M8Y 1C3, Ontario
Lot Size: 50 x 125.5 (Feet)
Directions/Cross Streets: Royal York & Algoma St
Rooms: 10
Rooms +: 6
Bedrooms: 4
Bedrooms +: 2
Washrooms: 4
Kitchens: 2
Kitchens +: 2
Family Room: N
Basement: Fin W/O
Full
No. of Pieces Level
Washroom 1:  5
Washroom 2:  4
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 31-50
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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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 St , Toronto, M8Y 1C3, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Toronto
Municipality: Toronto
Neighbourhood: Mimico
Style: 2-Storey
Lot Size: 50.00 x 125.50(Feet)
Approximate Age: 31-50
Tax: $5,629.32
Maintenance Fee: $0
Beds: 4+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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