Key Facts
- MLS® #: W12406957
- Property ID: SIRC2974438
- Property Type: Residential, Townhouse
- Lot Size: 3,276 sq.ft.
- Bedrooms: 3
- Bathrooms: 3
- Additional Rooms: Den
- Parking Spaces: 3
- Listed By:
- REAL ESTATE HOMEWARD
Property Description
Wonderful investment opportunity. Currently set up as three completely renovated apartments. Great house extensively renovated in 2012-13. Perfect turn key investment with all three apartments currently rented on a month to month basis. Cap Rate of 4.37%!! Located in the heart of Mimico, steps to transit and the GO line. Just a short stroll to the lake and Mimico village. Great for first time home buyers with a double income to help pay the mortgage. Large private backyard, and parking for up to three cars. Don't wait, take advantage of the current buyer's market. This property is priced to sell. Rents are as follows. Basement $1350, Main floor $1750, Second Floor $1900. Total monthly income of $5000. Gross yearly income is $60,000. Operating expenses for 2024 $12,000. Net income $48,000.
Rooms
- TypeLevelDimensionsFlooring
- KitchenGround floor9' 4.5" x 12' 6"Other
- Living roomGround floor11' 5.4" x 9' 11.2"Other
- Dining roomGround floor11' 5.4" x 9' 11.2"Other
- BedroomGround floor10' 8.7" x 8' 4.7"Other
- BedroomGround floor11' 11.7" x 8' 5.9"Other
- Kitchen2nd floor7' 4.5" x 12' 10.7"Other
- Living room2nd floor9' 4.9" x 15' 4.2"Other
- Dining room2nd floor9' 4.9" x 15' 4.2"Other
- Bedroom2nd floor15' 3.8" x 9' 10.8"Other
- Home office2nd floor6' 7.9" x 8' 3.9"Other
- KitchenBasement10' 4.7" x 8' 11.4"Other
- Living roomBasement15' 11.3" x 15' 9.3"Other
- BedroomBasement15' 11.3" x 15' 9.3"Other
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Location
156 Royal York Rd, Toronto, Ontario, M8V 2V3 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0

