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. Extraland 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.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2 1/2 Storey
Total Approx Floor Area:
3500-5000
Depth:
225'68.6 m
Frontage:
35'9⅛"10.9 m
Lot Shape:
Irregular
Direction Faces:
South
Bedrooms:
6
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
6
Kitchens Above Grade:
3
Rooms Above Grade:
12
Ensuite Laundry:
No
Fractional Ownership:
No
Assignment:
No
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Brick
Roof:
Shingles
Basement:
Full, Separate Entrance
Fireplace/Stove:
No
Alternative Power:
None
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Mutual, Right Of Way
Parking Spaces:
4
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
TBD
Lot Irregularities:
2 Pin# 076120112/13.Depth-225.0w&185.1e
Pool:
None
Link:
No
HST Applicable To Sale Price:
In Addition To
Taxes:
$7,489.09 /
2024
Assessment:
$- /
-
Toronto W06
Mimico
Toronto
Lake Access, Public Transit, School, Waterfront
Separate Hydro Meter, Water Heater Owned
Carbon Monoxide Detectors, Smoke Detector
Conservation Regulations
All mechanical and hvac systems. 2 Fridges, 3 Stoves, a dishwasher, a chest freezer, and all electrical light fixtures belonging to the owner.