134 days on Market

46 Twenty Second St, Toronto, Ontario M8V 3M1

$3,499,000
Get pre-approvedPowered by Rocket Mortgage
Buy with Wahi to get
Up to
$17,495Cashback
Townhouse
9 + 5
10
~5000+ sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$350/sqft

Est. Mortgage$15,027/mo

Tax Amount (2023)$15,395/yr

Days On Market134 days


Description

Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The 10-plex is ideally positioned in a quiet neighbourhood, offering tenants a peaceful living environment while still being close to the vibrant life of the college campus. The proximity to Lake Ontario provides easy access to scenic views and outdoor activities, enhancing the appeal for prospective tenants.Each renovated unit boasts modern finishes, ensuring a comfortable and stylish living space. With high-quality materials and craftsmanship, the renovations have significantly increased the property's value and attractiveness. The remaining units offer potential for future upgrades, allowing for further value addition.Adding to the investment's appeal is the on-site coin laundry facility, providing extra income for the landlord. This convenient amenity is highly appreciated by tenants, further boosting the property's rental potential.Investors will appreciate the steady rental income potential, driven by the constant demand from students and professionals seeking convenient housing near the college. The property's location in a quiet neighbourhood with easy access to public transportation, shopping centres, and recreational facilities makes it an even more attractive option for renters.Don't miss out on this exceptional investment opportunity. Secure your future with this prime 10-plex near Humber College, where high demand and quality renovations promise a profitable venture.


Property Details

Style2-Storey
View-
Age of property31-50
SqFt~5000+ SqFt
Lot Size5,950 SqFt(119 x 50)
Parking Spaces8
MLS ®NumberW9032629
Community NameMimico
Data SourceTRREB

Features

Heating: Water
Cooling: Window Unit
Basement: Part Fin

Features

Lot size: 5,950 SqFt

Parking

Garage spaces 8

Garage type None

Other parking spaces 0

Total parking spaces 8


Property History

Now
ListedFor Salefor$3,499,000Active
134 days on market
Listing by trreb®
history photo preview37
Sign Up

Have an account?Log In

Property listed by IPRO REALTY LTD, Brokerage

Get up to 0.5% cashback when you buy your dream home with Wahi Cashback

Cashback Banner Image

A new way to buy a home that puts cash back in your pocket.

  • Our in-house Realtors do more deals and bring that negotiating power into your corner
  • We leverage technology to get you more insights, move faster and simplify the process
  • Our digital business model means we pass the savings onto you, with up to 0.5% cashback on the purchase of your home

Market DataFor the past 30 days in Mimico

Median Selling Price

$1,250,000

32.98% more than GTA:

$940,000

Median Bidding

Underbidding - Trending to buyer market

-$12,000

GTA median: -$14,000

Median Number of Sales

10 sales

685 sales less than GTA:

695 sales

Median Number of Days on Market

10 days

13 days less than GTA:

23 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget