90 Portland Street

Mimico, Toronto, M8Y 1A7
FOR SALE
$2,275,000
90 Portland Street, Toronto
90 Portland Street
90 Portland Street
90 Portland Street
90 Portland Street
90 Portland Street
90 Portland Street
90 Portland Street
90 Portland Street
90 Portland Street
90 Portland Street
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6
BEDROOMS
6
BATHROOMS
6
KITCHENS
18
ROOMS
W12673128
MLSID
Contact Us
Property Description
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.
Nearby Intersections
Property Features
Separate Hydro Meter, Available, Alarm System, Security System, Smoke Detector
Property Details
Address
90 Portland Street
Community
Postal Code
M8Y 1A7
Property Type
Multiplex, Multiplex
Lot Size
50' x 125'
Taxes
$8,491 (2025
Basement
Finished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
Listing contracted with Keller Williams Referred Urban Realty
123 Barton Avenue, Toronto
5+1
BEDS
6
BATHS
$2,199,000
FOR SALE
Corner-lot multiplex at the intersection of Clinton and Barton Ave, set on a 20 x 78 ft in the Annex. This property features 5+1 self-contained units with efficient one-bedroom and bachelor layouts, offering strong income potential (gross rental not including coin laundry is over $130k) and tenant appeal. The third-floor unit enjoys access to a large private rooftop terrace. Building improvements include a new flat roof (2 years old), waterproofed basement, furnace replaced 5 years ago, and upgraded city water line to a full 1-inch service. Tenants benefit from shared coin-operated Maytag laundry machines on site. An investment opportunity with solid fundamentals and thoughtful updates in a highly desirable neighbourhood.
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