Fabulous Investment Or Lifestyle Opportunity. Legal Duplex With 2 Legal Addresses (One Property W/Severance Potential). 3 Separate Units Tastefully Renovated From Top To Bottom With No Expense Spared. Well Over 300K. This Stunning Mimico Property Is Steps To Lake, Shops, Cafes, Restaurants, TTC And 10 Minutes To Downtown. Gross Rent Is $92K/Year. A+ Tenants. Rough-In To Easily Convert To 4 Units Would = More Than $106K Gross Income. Double Wide 50' Lot Across The Street From Multi-Million $ Mansions On The Lake. 4.5%+ Cap Rate In A Very Desirable And Thriving Water Front Community With Plenty Of Appreciation Growth Potential. Perfect Property For Co-Ownership Or End-User Seeking Supplementary Rental Income.
Rf (2019) Wnds (2018) Drs (2017) New Ss Appliances, 3 W/D W/ Electrical Upgrades (200 Amp), Washer/Dryer, D/W, Oven. Gas Stove-Top. Ac (2019 & 2020). Lot Size & Taxes Incl. In Both Inclusions:
Broker: Queensway Real Estate Brokerage Inc
Name | Attributes | Dimensions (LxW) |
---|---|---|
Living | Fireplace, Hardwood Floor, Window | 4.57 x 3.05 |
Kitchen | Quartz Counter, Hardwood Floor, Combined W/Living | 3.05 x 3.96 |
Br | Hardwood Floor, Window | 3.66 x 3.35 |
2nd Br | Hardwood Floor, Window, W/O To Deck | 3.66 x 3.35 |
Family | Vinyl Floor, Window | 4.57 x 2.74 |
3rd Br | Vinyl Floor, Window, W/I Closet | 4.27 x 3.05 |
Laundry | Window | 6.1 x 3.66 |
Living | Fireplace, Laminate, Combined W/Kitchen | 7.32 x 5.49 |
Kitchen | Combined W/Living, Quartz Counter | 7.32 x 5.49 |
Br | Window, Laminate, Closet | 3.96 x 3.35 |
2nd Br | Window, Closet | 3.35 x 3.66 |