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

56 Mimico Ave , Etobicoke, ON M8V

Etobicoke, ON M8V

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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#W7041146
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site406
Listing Provided ByRE/MAX PROFESSIONALS INC. | BackAtYou

Features

Bed(s)7
Bath(s)5
Garage1
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.

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Listings Checked: 10 hours ago
ProvinceON
CountyToronto W06
CityEtobicoke
Postal CodeM8V
AreaToronto
Community NameMimico
Listing VS Median (in Mimico)
Price:
$2,900,000
low | high
Med:
$0
On Site:
406
low | high
Med:
Sourced by Back At You
Listing Updated: April 5, 2024 at 3:00:28 AM PDT