144 Lake Cres
$1,549,000/ For Sale
Details | 144 Lake Cres
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.
Room Details:
| Room | Level | Length (m) | Width (m) | Description 1 | Description 2 | Description 3 |
|---|---|---|---|---|---|---|
| Living | Main | 4.74 | 3.42 | Laminate | Picture Window | |
| Kitchen | Main | 3.52 | 2.11 | Laminate | Large Window | W/O To Deck |
| Breakfast | Main | 2.95 | 255.00 | Pantry | Large Window | Laminate |
| Br | Main | 3.63 | 2.66 | Closet | Large Window | Laminate |
| 2nd Br | Main | 4.59 | 3.09 | Closet | Large Window | Laminate |
| Family | 2nd | 4.61 | 3.42 | Laminate | Picture Window | |
| Kitchen | 2nd | 3.42 | 2.15 | Laminate | Large Window | |
| Breakfast | 2nd | 2.94 | 2.47 | Pantry | Large Window | Laminate |
| Br | 2nd | 3.67 | 2.74 | Closet | Large Window | Laminate |
| 2nd Br | 2nd | 4.50 | 3.05 | Closet | Large Window | Laminate |
| Br | Bsmt | 4.43 | 3.41 | Closet | Above Grade Window | Laminate |
| Kitchen | Bsmt | 5.44 | 1.79 | Laminate | Above Grade Window |