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    28 Algoma Street, Toronto, ON M8Y 1C3

    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    28 Algoma Street, Toronto, ON M8Y 1C3
    For Sale Closed Residential Freehold

    28 Algoma Street, Toronto, ON M8Y 1C3

    $2,298,888

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    28 Algoma Street, Toronto, ON M8Y 1C3, Toronto W06, ON
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      Bed 6
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      Bath 4

    Newly renovated brick quadplex in Etobicoke. Turnkey Investment opportunity or residential home in the heart of Mimico. A rare find, this low-maintenance brick building offers 4 beautifully updated units, two 2-bedroom units and two 1-bedroom basement apartments. Each unit provides privacy and comfort for tenants including a spacious backyard with greenery and 6 car surface parking. Ideally located close to Mimico GO Train offering a quick and direct commute to downtown Toronto. Enjoy the convenience of nearby shops, restaurants, parks, and the waterfront of Lake Ontario. Recent updates include kitchens, bathrooms, floors, lighting, HVAC and more. Coin-operated laundry income. Sitting on a large lot, this property has potential for expansion offering fantastic opportunity. Whether you're an investor looking for good cash flow or a buyer seeking a multi-unit home with rental income, this four-plex is a must-see. Don't miss out on this prime opportunity! Estimated property cap rate: 4.87%. This property presents a strong investment opportunity with consistent income, reasonable expenses, and potential for growth.

    Property Highlights

    For Sale
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      MLS NO.

      W12008823

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      Type

      Residential Freehold

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      Sub Type

      Fourplex

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      Bedrooms

      6

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      Bathrooms

      4

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      Parking

      6.0

    Complete Property Details

    Property Type Residential Freehold
    Sub Type Fourplex
    Transaction Type For Sale
    Status Closed
    Contract Status Unavailable
    MLS® Number W12008823
    Total Bedrooms 6
    Bedrooms Above Grade 4
    Bedrooms Below Grade 2
    Total Bathrooms 4
    Total Kitchens 4
    Kitchens Above Grade 2
    Kitchens Below Grade 2
    Rooms Above Grade 10
    Rooms Below Grade 6
    Interior Features None
    Fireplace No
    Central Vacuum Yn No
    Construction Brick
    Roof Asphalt Shingle
    Lot Width 50.0
    Parking Total 6.0
    Covered Spaces 0.0
    Garage Type None
    Garage No
    Pool None
    Direction Facing North
    Cooling Central Air
    Cooling Installed Yes
    Heat Source Gas
    Heat Type Forced Air
    Internet Address Display Yn Yes
    Internet Entire Listing Display Yn Yes
    Full Address 28 Algoma Street, Toronto, ON M8Y 1C3
    City Toronto W06
    Neighbourhood Mimico
    County / Region Toronto
    Province / State ON
    Postal Code M8Y 1C3
    Cross Street Royal York & Algoma St
    Directions Royal York, Algoma St
    Country CA
    List Price $2,298,888
    Annual Taxes $5,629
    Tax Year 2024
    Legal Description Plan M110 Lot 92
    Possession Type Immediate
    Possession Details 30 Days, ASAP
    Listing Office RE/MAX REALTY ENTERPRISES INC.
    Board Toronto Regional Real Estate Board
    Original Entry 2025-03-08T19:52:10Z
    Media Updated 2025-03-08T20:19:05Z
    Photos Updated 2025-03-08T19:52:11Z
    Last Modified 2025-03-25T13:17:05Z
    System Modified 2025-10-12T09:01:09.380721Z
    MLS Status Sold
    Architectural Style 2-Storey
    Basement Finished with Walk-Out, Full
    Board Property Type Com
    Co List Office Name RE/MAX REALTY ENTERPRISES INC.
    Ddfyn Yes
    Expiration Date 2025-08-29
    Foundation Details Poured Concrete
    Heat Source Multi Gas
    Heat Type Multi Forced Air
    Heating Yn Yes
    Hstapplication Not Subject to HST
    Occupant Type Vacant
    Originating System Id A00001796
    Parcel Number 076180135
    Parking Spaces 6
    Public Remarks Newly renovated brick quadplex in Etobicoke. Turnkey Investment opportunity or residential home in the heart of Mimico. A rare find, this low-maintenance brick building offers 4 beautifully updated units, two 2-bedroom units and two 1-bedroom basement apartments. Each unit provides privacy and comfort for tenants including a spacious backyard with greenery and 6 car surface parking. Ideally located close to Mimico GO Train offering a quick and direct commute to downtown Toronto. Enjoy the convenience of nearby shops, restaurants, parks, and the waterfront of Lake Ontario. Recent updates include kitchens, bathrooms, floors, lighting, HVAC and more. Coin-operated laundry income. Sitting on a large lot, this property has potential for expansion offering fantastic opportunity. Whether you're an investor looking for good cash flow or a buyer seeking a multi-unit home with rental income, this four-plex is a must-see. Don't miss out on this prime opportunity! Estimated property cap rate: 4.87%. This property presents a strong investment opportunity with consistent income, reasonable expenses, and potential for growth.
    Rooms Total 0
    Showing Requirements Lockbox
    Street Name Algoma
    Street Number 28
    Street Suffix Street
    Vendor Property Info Statement No
    Virtual Tour Urlunbranded https://houses-by-hilary.aryeo.com/sites/28-algoma-st-toronto-on-m8y1c3-2568300/branded
    Washrooms Type1 1
    Washrooms Type1 Pcs 5
    Washrooms Type2 3
    Washrooms Type2 Pcs 4