17 Days on Market

46 Twenty Second St, Toronto, Ontario M8V 3M1

$3,499,000
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Townhouse
9 + 5
10
~5000+ sqft

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Highlights

Estimated Value$3,132,000*

Price/Sqft$350/sqft

Days On Market17 days

Est. Mortgage$15,027/mth

Tax Amount (2023)$15,395/yr

*Last updated on: 24/07/23

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
Listed for$3,499,000
17 days on market
history photo preview34
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Property listed by IPRO REALTY LTD, Brokerage

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Market DataFor the past 30 days in Mimico

Median Selling Price

$1,050,000

10.82% more than GTA:

$947,500

Median Bidding

Underbidding - Trending to buyer market

-$14,000

GTA median: -$9,000

Median Number of Sales

9 sales

510 sales less than GTA:

519 sales

Median Number of Days on Market

20 days

3 days more than GTA:

17 days

Want more insights?Visit the Market Pulse


Schools and amenities

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