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.
MLS# | W7041146 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 406 |
Listing Provided By | RE/MAX PROFESSIONALS INC. | BackAtYou |
Bed(s) | 7 |
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Bath(s) | 5 |
Garage | 1 |
Basement | Y |
Zoning | COMMERCIAL |
Province | ON |
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County | Toronto W06 |
City | Etobicoke |
Postal Code | M8V |
Area | Toronto |
Community Name | Mimico |
Listing VS Median (in Mimico) | |
Price: $2,900,000 low | high Med: $0 On Site: 406 low | high Med: |