$1,988,888 FOR SALE

Investment

Lot: 50 x 125.5 ftTotal Area: 6,275 ft2 divisible
2022 Taxes: $8,604.93

28 Algoma St
Toronto, ON M8Y 1C3 | Mimico

Solid Brick Four (4) Plex Fully Rented. Recent Renovations, Solid Tenants, Low Maintenance Building In Good Condition, Recent New Hvac, Lower Level Apt Fully Renovated. Gross Rent: Apt 1= $1640.00/Mnth, Apt 2= $1654.00/Mnth, Apt 3= $1750/Mnth, Apt 4= Subsidized For Property Management. Expenses: Utilities = $310.Oo. Net Income = $77,208.00. Estimated 2022 Income = $63,540.00. Large Lot, Lots Of Room For Expansion, Storage And Parking

Extras
Apt #1 1002 Sqft, 2 Bdrm, 13'X11'3; 13'4", 4Pc Bath, Open Concept Lr/Dr, Eat In Kitchen Apt #2 1004 Sqft, Bdrm 13'X11'3", 13'4 X11'3" Apt #3 Bdrm 11'10" X9'50", Gr Rm: 15'40X12'2", Kit 7'10 Apt #4 Bdrm 12'10X10"X10'10", Gr Rm 15'10" X 12'4"

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Listed By RE/MAX REALTY ENTERPRISES INC., Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W5734321
Last Updated Aug 16, 2022
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 076180135
Legal Description Plan M110 Lot 92
Occupancy Tenant
Possession Date Tenants
Taxes (2022) $8,604.93
Tax Type Annual
Directions/Cross Streets Royal York - Lakeshore Rd
Neighbourhood Mimico
Area Toronto
Price History
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Detailed Information
Freestanding Y
Bathrooms 4
Lot 50 x 125.5 ft
Office/Apt Area 2,891 ft2
Total Area 6,275 ft2 divisible
Approximate Age 31-50
Elevator None
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Outside/Surface
Parking Spaces 20
Heat Type Gas Forced Air Open
Financial Statement N
% Building 18
Outside Storage N
Area Influences Major Highway, Public Transit
Sprinklers Y
Sewers San+Storm
Utilities A
Water Municipal
Clear Height 85 feet
Lot/Bldg/Unit Code Lot
Zoning Residential - Multi
Seller Property Info Statement N

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