46 Mimico Ave

Welcome to 25 Norwood Terrace, located in the highly sought-after Upper Beaches! This delightful duplex presents a great opportunity for first-time homebuyers, condo grads, or investors looking for an excellent income-generating property. Currently, both units are tenanted, with the upper unit leased since 2022 and the main floor unit starting in January 2025. This provides immediate rental income and makes it a fantastic addition to any investment portfolio. The layout can also be easily converted into a single-family home. The upper unit boasts a spacious bedroom, a bright open-concept living room and kitchen, and access to a charming balcony. The main floor and lower unit feature a bright living and dining area, ensuite laundry, and a sleek 3-piece bathroom. The modern kitchen leads to a deck and private backyard perfect for entertaining. The basement offers two additional bedrooms, a 4-piece ensuite bathroom, and plenty of storage space. Unwind on the inviting front porch and enjoy the tranquility of a quiet, tree-lined street. Conveniently located within walking distance of public transit (GO train and subway) and a local daycare, this move-in-ready home is zoned as a duplex per MPAC and has been virtually staged. Don't miss this incredible investment opportunity!

Redevelopment Opportunity With Possible Severance Into 2, 25 FT' Lots. Ideal For Single Family Residential Or Multiple Residential. Existing Structure Has No Value. Land Value Only. All Utilities Have Been Disconnected. Buyer To Do Their Own Due Diligence. Seller and Seller's Representative Make No Representations Or Warranties. " As Is, Where Is Condition".