$2,750,000Asking Price
A unique opportunity to own a rarely available waterfront property only 10 minutes to downtown Toronto with 65 ft frontage on Lake Ontario. The property is currently an operating triplex with 3,685 sq ft of rentable area (includes 1,025 sq ft lower-level unit) . The property offers an Investor or end user an opportunity to improve the density of the existing building, hold it for an investment or build their dream waterfront home. The stunning, 3rd floor, 1750 sq ft main apt has a deck overlooking the Lake. The Lower Level is a large 1,025sq ft unit. The 900 sq ft main floor apt includes 1 kitchen, Living/dining room, and a foyer with Lake views. All 3 units have laundry facilities. Live in the 3-level unit and collect rent! Includes a detached 900 sq ft rear garage. Mutual drive and rear laneway access. Extra land available to build laneway housing. **EXTRAS** Mechanical updates (200 Amps, Gas boiler, Windows, Wiring throughout, Plumbing). Suite updates. There is great potential to densify the existing building and/or add a laneway suite. The Seller will hold a VTB mortgage for qualified buyers.
A unique opportunity to own a rarely available waterfront property only 10 minutes to downtown Toronto with 65 ft frontage on Lake Ontario. The property is currently an operating triplex with 3,685 sq ft of rentable area (includes 1,025 sq ft lower-level unit) . The property offers an Investor or end user an opportunity to improve the density of the existing building, hold it for an investment or build their dream waterfront home. The stunning, 3rd floor, 1750 sq ft main apt has a deck overlooking the Lake. The Lower Level is a large 1,025sq ft unit. The 900 sq ft main floor apt includes 1 kitchen, Living/dining room, and a foyer with Lake views. All 3 units have laundry facilities. Live in the 3-level unit and collect rent! Includes a detached 900 sq ft rear garage. Mutual drive and rear laneway access. Extra land available to build laneway housing. **EXTRAS** Mechanical updates (200 Amps, Gas boiler, Windows, Wiring throughout, Plumbing). Suite updates. There is great potential to densify the existing building and/or add a laneway suite. The Seller will hold a VTB mortgage for qualified buyers.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 14.76' x 9.51' | |
1 2-Piece Bathroom | ||||
1 4-Piece Bathroom | ||||
1 4-Piece Bathroom | ||||
1 4-Piece Bathroom on Main Floor |
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Mimico, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44 and seniors aged 65 to 69.
Kids Per Family
0.9
kids per family
in the neighbourhood.
51%
of residents are
single and loving it.
51% singles
Toronto (50%)
55%
of residents
are renters.
55% renters
Toronto (47%)
45%
of residents are
university grads.
45% university grads
Toronto (48%)Average Household Income
$109K
is the average household
income in the neighbourhood.
Professions
Sales | 16% |
Business | 11% |
Management | 10% |
Government | 8% |
Trades | 8% |
41%
of residents were
born outside of Canada.
41% immigrants
Toronto (48%)4.2% from India
All-time
1.2% from India
Recent
Foreign Languages
Polish | 4% |
Spanish | 3% |
Ukrainian | 3% |
Portuguese | 2% |
Russian | 2% |
Religions
Christian | 68% |
Muslim | 4% |
Hindu | 2% |
Buddhist | 2% |
Jewish | 1% |
Social Housing Buildings
3
Social housing buildings
in the neighbourhood.
Shelters
1
Homeless shelters in
the neighbourhood.