$2,900,000
( )
 $15,568 est/mo Sourced by Back At You

56 Mimico Ave , Toronto, ON M8V 1R3

Toronto, ON M8V 1R3

Share with a friend

Description

Right in the Heart of Mimico Village and Perfectly Located for Subway Bus, Lakeshore Streetcar, No Frills Supermarket, San Remo Bakery, Mimico Go Train Station, Lakefront Parks, Major Highways, Downtown Toronto, Great, Fully Renovated and Tenanted Commercial Building consisting of 56 Mimico Avenue, 120, 122, & 124 Queens Avenue. Main Floor Commercial Space of 650 sq. ft, used as Busy Ladies Hair Salon, plus 3 x 2 Bedroom Apartments, 1 x 1 Bedroom Apartment. Mechanical Upgrades done over the past few years include Roof, Windows, Electrical, Plumbing, Heating ( New Wall Mounted Gas Boiler ). Excellent Financials , Gross Income approximately $105,000, Expenses approximately $10,000 ( NOTE: Tenants pay $3,000. per year of the Annual Property Taxes and their own Hydro and Hot Water, ) Net Income approximately $95,000. Very good Tenants, See Attachment for Financials.

Details

MLS#W7041164
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site510
Listing Provided ByRE/MAX PROFESSIONALS INC. | BackAtYou

Features

BasementY
ZoningCommercial
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.

Request a showing

Request a showing

Loading Form
Listings Checked: 23 minutes ago
ProvinceON
CountyToronto W06
CityToronto
Postal CodeM8V 1R3
AreaToronto
Community NameMimico
Listing VS Median (in Mimico)
Price:
$2,900,000
low | high
Med:
$0
On Site:
510
low | high
Med:
Sourced by Back At You
Listing Updated: April 5, 2024 at 3:00:20 AM PDT