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W4707381
$1,299,000

42 Symons St (Royal York Rd-Lakeshore Blvd)

Price: $1,299,000

Status: For Sale 

MLS®#: W4707381

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Calculator $1,299,000
  • Tax: $4,106.65 (2019)
  • Community:Mimico
  • City:Toronto
  • Type:Residential
  • Style:Triplex (2-Storey)
  • Beds:6
  • Bath:3
  • Basement:Apartment

Features:

  • ExteriorBrick
  • HeatingForced Air, Gas
  • Sewer/Water SystemsSewers, Municipal
  • Lot FeaturesLibrary, Park, Place Of Worship, Public Transit, School

Listing Contracted With: RE/MAX PROFESSIONALS INC., BROKERAGE

Description

Wow! Dont Miss This One!Rarely Available Vacant Possession Triplex.Great Location On Prime Residential Street In Sought After Mimico Village.3X2 Bdrm Aprtmt,Current Market Rents For Top & Main 1800-2000,Lower 1400-1600.Projected Gross 60,000-$67200,Annual Expenses For 2019 $11,000 Projected Net Income $49,000-$56,000 Projected Cap Rate 3.80-4.33!Fire Retro-Fitted To Code W/New Letter Of Compliance,April 2020,New Fire Safety Insp Certificate April 2020


Highlights

New Hi Eff Forced Air Gas Furnace 2012,New Roof 2018,New Sump Pump 2020, Updated Ktch On Main 3 Fridge,3 Stves,Gdn Shed,4 Hydro Meters,Mold Insp Done (No Mold).Property Needs Some Cosmetic+Minor Repair,Some Upgrades Done.

Want to learn more about 42 Symons St (Royal York Rd-Lakeshore Blvd)?

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Mark Douglas

Sales Representative, CNE

RE/MAX Professionals Inc.

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