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Property Description
An amazing investment opportunity! Meticulously maintained, pristine sun-filled Apartments, legal 4 Plex with 5 Units, 4 x 1 bedroom and 1 x 2 bedrooms in the heart of Mimico. Fully rented to excellent tenants. Huge 55 x 151 Foot Lot, Steps to TTC, walk to Mimico Go Station, Lake Ontario, and shopping on Lakeshore and Royal York. Coin-op laundry, storage lockers, private drive and parking for 5 cars. The building gleams with pride of ownership.
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Nearby Intersections
Lake Shore & Park Lawn (312)
Property Features
Fenced Yard, Lake/Pond, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
55' x 151'
Fronting
West
Taxes
$6,236 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.01' x 13.32' | |
| Kitchen | Main | 6.56' x 13.32' | |
| Br | Main | 10.99' x 13.32' | |
| Living | Main | 12.17' x 16.01' | |
| Kitchen | Main | 9.84' x 12.17' | |
| Br | Main | 10.99' x 12.17' | |
| Living | Bsmt | 12.01' x 16.01' | |
| Kitchen | Bsmt | 9.84' x 12.01' | |
| Br | Bsmt | 10.66' x 12.01' | |
| 2nd Br | Bsmt | 8.76' x 10.66' | |
| Laundry | Bsmt | 13.32' x 22.41' | |
| Utility | Bsmt | 6.00' x 13.32' |
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Etobicoke Market Statistics
Etobicoke Price Trend
46 Burlington St is a 6-bedroom 5-bathroom home listed for sale at $1,999,000, which is $1,020,376 (33.8%) lower than the average sold price of $3,019,376 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 6 bedroom home in Etobicoke declined by $38,698 (1.3%) compared to the previous 30 day period (March 15 - April 13) and down $282,910 (8.6%) from the same time one year ago.Inventory Change
There were 44 6-bedroom homes listed in Etobicoke over the last 30 days (April 14 - May 13), which is up 158.8% compared with the previous 30 day period (March 15 - April 13) and up 25.7% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Etobicoke typically sold ($197,494) (6.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $511,252 decrease compared to the previous 30 day period (March 15 - April 13) and ($18,090) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Etobicoke over the last 30 days (April 14 - May 13) stood at 38.6%, down from 70.6% over the previous 30 days (March 15 - April 13) and up from 31.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 5-bathroom home in Etobicoke stood at 21 days when successfully sold over the last 30 days (April 14 - May 13), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals Inc.
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