25A Milton Street

Mimico, Toronto

25A Milton Street, Mimico, Toronto

$1,600,000

Bedrooms: 5

Bathrooms: 6

Living Area: 2,500 sqft

Price Per Sqft: $640.00

About this Multiplex

in Mimico, Toronto

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!

Listed by SUTTON GROUP QUANTUM REALTY INC..

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
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Amortization:  
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* This material is for informational purposes only.

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