25A Milton Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,600,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 6 Bathrooms with 6 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 33.5 x 92 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with window unit(s) central cooling and highly efficient water heating via gas
Description
Investor Alert! Amazing 6-Unit Property in Prime Mimico. Fantastic opportunity to own a turn-key income property in Toronto's sought-after Mimico neighbourhood. This solid 5-plex with an additional bachelor unit offers 6 apartments, and generating steady income. Ideal for investors or first-time buyers looking to live in one unit and rent out the rest! Some units feature open-concept kitchens. Includes 5 dedicated parking spaces. Located on a quiet street, just steps to Mimico GO Station reach Union Station in under 15 minutes! Close to parks, trails, local restaurants, shops, and Sherway Gardens. Detailed financials available solid returns and low operating costs. Coin-operated washer and dryer in lower level. Tenants pay their own hydro. Easy to manage, easy to rent, and full of future potential. Book your showing today this rare opportunity wont last!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 25A Milton Street, Toronto W06, ON M8Y 2X7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,600,000 in Toronto, the legal minimum down payment is $320,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,475 also applies, bringing the total estimated land transfer taxes to $56,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
