144 Lake Cres, Toronto

144 Lake Cres, Mimico, Toronto M8V1W1

2-Storey, Triplex Property
11 Rooms Total, 3 Kitchens
2 Parking Spaces

29.00 x 125.00

Lake/Pond, Park, Public Transit, Rec Centre, School
Apartment, Sep Entrance Basement
Brick, Stone Exterior

Attention High Cap Rate Lovers ! This Is The One ! Great Mimico Village Triplex, With Many Upgrades, (Flooring, Electrical, 3 New Washers And Dryers. And Vacant Possession ! 3 Lovely, Bright, Spotless Apartments, Two 2 Bedroom And One Large Bachelor, Each With Their Own Laundry And Central Air Conditioning. Current Market Rents Should Bring In Around $71,000-$72,00 Net For A Cap Rate Of 4.8% To 5% Depending On Selling Price. This Super Property Comes With A Double Private Driveway, Garage, And Has A Lovely Secluded Rear Garden. Set In The Heart Of Highly Sought After Mimico Village, Where Much New Development Is Happening, Within Easy Reach Of Go Train , Bus To Royal York Subway, Street Car, Shops And Cafes, Schools, And Major Highways To Downtown And The Airport.

Plan M76, Part Lots 331 & 332 (See Schedule C Attached For Full Legal Description)

4-piece on main level
4-piece on 2nd level
4-piece on bsmt level

Main Level, 4.74m x 3.42m
Picture Window, Laminate

Main Level, 3.52m x 2.11m
Large Window, Laminate, W/O To Deck

Main Level, 2.95m x 255.00m
Large Window, Pantry, Laminate

Main Level, 3.63m x 2.66m
Large Window, Closet, Laminate

Main Level, 4.59m x 3.09m
Large Window, Closet, Laminate

2nd Level, 4.61m x 3.42m
Picture Window, Laminate

2nd Level, 3.42m x 2.15m
Large Window, Laminate

2nd Level, 2.94m x 2.47m
Large Window, Pantry, Laminate

2nd Level, 3.67m x 2.74m
Large Window, Closet, Laminate

2nd Level, 4.50m x 3.05m
Large Window, Closet, Laminate

Bsmt Level, 4.43m x 3.41m
Above Grade Window, Closet, Laminate

Bsmt Level, 5.44m x 1.79m
Above Grade Window, Laminate