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144 Lake Crescent

Lake Crescent, Etobicoke-Lakeshore, Toronto, ON, M8V 1W1

5
Beds
3
Baths
$1,549,000
List Price
Details
Photos
30
Comparables
History
144 Lake Crescent, Toronto, ON - 1 of 3
144 Lake Crescent, Toronto, ON - 2 of 3
144 Lake Crescent, Toronto, ON - 3 of 3
New
18 days on market

Quick Summary

  • Profitable triplex with high cap rate
  • Upgraded flooring, electrical, and appliances
  • Bright and spotless 3 apartments
  • Spacious 2-bedroom and large bachelor units
  • Private driveway, garage, and secluded rear garden
  • Convenient location near transit, shops, and highways

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... Show More

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.

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Property Details

Size

Sq. Ft. Not Available
12 total rooms
5 Beds
5 Above Grade
3 Baths

Parking

3 Parking Spaces
Attached

Build

Year Built
-
Model Name
-
Basement
Apartment, Sep Entrance
Exterior
Brick, Stone
Foundation
-
Builder Name
-
Stories
-
Flooring
Laminate
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
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Rooms

Living

11′2″ x 15′6″

Kitchen

6′11″ x 11′6″

Breakfast

836′7″ x 9′8″

Br

8′8″ x 11′10″

2nd Br

10′1″ x 15′0″

Family

11′2″ x 15′1″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$4,903.78

Source

Listing Brokerage

MLS® Listing
W8394042
Last Updated
June 7, 2024
Brokerage
RE/MAX PROFESSIONALS INC.
Call us 800-591-0566

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