28 Algoma St

Toronto W06 | Mimico | M8Y 1C3
  • 2753.0 sqft
  • 0 gar

$2,298,888

Est. Mtg $7,795 /mo
  • Days on market

    37

  • Status

    A

Listing Broker RE/MAX REALTY ENTERPRISES INC.
Since listed: 1 views

Home details

MLS #:

W12005038

Property type:
Investment
Style:
Taxes:
$5,629
Possession:
30 Days
Condo Fee:
Lot Size:
50.0 X 125.5
Zoning:
Residential - Multi
Use:
Apts-2 To 5 Units
Heat:
Gas Forced Air Open

Description


28 Algoma St, , Toronto, Ontario is a Investment property in Toronto W06 and in the Mimico community in the M8Y 1C3 postal code


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..

Extras

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Payment calculator

$8264 monthly. In association with: TD Bank
%
  • Principal and Interest
    7795 /mo
  • Property Taxes
    $469 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Daniela LaFace, Realtor

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