485 Mortimer Ave

FOR SALE
$1,999,000
Sold
$1,930,000
485 Mortimer Ave, Toronto
485 Mortimer Ave
485 Mortimer Ave
485 Mortimer Ave
485 Mortimer Ave
485 Mortimer Ave
485 Mortimer Ave
485 Mortimer Ave
485 Mortimer Ave
485 Mortimer Ave
8 + 4
BEDROOMS
6
BATHROOMS
4 + 2
KITCHENS
30
ROOMS
E8023306
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-25 2024-02-14 20 $1,999,000 $1,930,000 Sold
Property Description
Offered For Sale Is A 6 Unit Building Consisting Of Large 2 bedroom Units. Tremendous Upside In Rents With Potential For Additional Revenue From Existing Detached Three Car Garage (insulated, heated & electricity). Separately Metered Hydro, Radiant Heat With 3 yr Old 95% Efficiency Boiler. Roof 2017, Windows 15 yrs. Attractive Financing Available With VTB Offering. As We Continue To Experience A Housing shortage In Toronto, This Is A Magnificent Opportunity For Unit Ownership & Densification Potential. Location location! This 7,642.37 ft (0.175 ac) of land is located in the high demand area of East York. Easy access to subway, DVP, The Beach and to core of the city. Lots of new development in the area making this a solid investment.
Nearby Intersections
Property Features
Hospital, Public Transit, School
Property Details
Property Type
Multiplex, 2-Storey
Lot Size
37' x 207'
Fronting
South
Taxes
$8,895 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain23.98' x 11.19'Window, Combined W/Dining
DiningMain23.98' x 11.19'Window, Combined W/Living
KitchenMain16.34' x 7.64'Window, Eat-In Kitchen
Prim BdrmMain12.24' x 9.12'Window, Closet
2nd Br2nd12.20' x 9.71'Window, Closet
LivingBsmt10.56' x 11.35'Window, Combined W/Dining
DiningBsmt10.56' x 11.35'Window, Combined W/Living
KitchenBsmt7.81' x 14.83'Window, Eat-In Kitchen
Prim BdrmBsmt10.30' x 11.81'Window, Closet
2nd BrBsmt7.74' x 11.81'Window, Closet
Similar Listings
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BEDS
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BATHS
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FOR SALE
First Time on the Market! Spacious and well maintained 6-Plex in Prime Mimico Village! Bright, sun-filled Apartments, 5 x 2 bedrooms, 1 x 1 Bedroom, Coin-op Laundry, storage spaces, private drive, parking for 6. Most Fire Retro-fit done (no letter of compliance). Fully rented to good Tenants. Great location just short walk to Mimico Go Station, bus to Royal York Subway Station, shops, excellent schools, Lake Front and within an easy reach to Major Highways, Downtown and Airport. New Carson and Dunlop Building Inspection done April 24, 2024. See Attachments for Financials and Floor Plans.
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