90 PORTLAND STREET, Toronto (Mimico)

$2,275,000

For sale: Multiplex

Property type: Multi-family
Bedrooms / bathrooms: 6 bedrooms, 6 bathrooms
Living area: 3,500 sqft
MLS number: MLS® W12673128
Neighbourhood: Mimico

Multiplex at 90 PORTLAND STREET, Toronto (Mimico)

Turnkey investment opportunity in the heart of Mimico. This well-maintained multiplex consists of six renovated one-bedroom units generating premium rental income. High tenant demand supports a solid 4% cap rate with +$93,000 NOI.Shingles, trusses/soffits, eaves and chimney replaced in 2017.