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BEDROOMS6
BATHROOMS6
KITCHENS18
ROOMSW12673128
MLSIDContact 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.
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Nearby Intersections
Property Features
Separate Hydro Meter, Available, Alarm System, Security System, Smoke Detector
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Property Details
Address
90 Portland Street
Community
City
Postal Code
M8Y 1A7
Property Type
Multiplex, Multiplex
Days On Market
94
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
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Listing contracted with Keller Williams Referred Urban Realty
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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65 Lakeview Avenue | Heritage character meets strong, stable returns. Set on one of the West End's most desirable, extra-wide tree-lined boulevards, 65 Lakeview Avenue presents a rare opportunity to own a piece of architectural history in a neighbourhood celebrated for its energy and pride of ownership. This stately semi-detached Victorian has been thoughtfully converted into five self-contained residential units (including updated kitchens and bathrooms), and is home to an excellent tenant mix generating over $112,000 in annual gross income. Each unit offers a distinct living experience, pairing historic charm with everyday functionality. The main level features two one-bedroom suites with soaring ceilings and preserved period details. The second and third floors include a bright rear one-bedroom and a standout two-storey, two-bedroom suite at the front with a spacious, loft-like feel. The lower level adds a large one-bedroom unit and houses the building's shared laundry area. The property also includes a detached garage with a long-term parking tenant. Just steps from Trinity Bellwoods Park, the boutiques and cafés of Dundas West, the Ossington strip and the restaurants of Little Italy, this is a location that consistently delivers. It's a true community - walkable, connected, and full of character. Whether you're seeking a turnkey investment or a long-term repositioning opportunity, 65 Lakeview offers dependable income today with meaningful upside tomorrow in a neighbourhood that continues to outperform.
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