25A Milton Street

**Multi-Family Home for sale in Etobicoke : A Prime Investment Opportunity**

Nestled in the heart of Mimico, this exceptional Multi-Family Home for sale in Etobicoke, located at 25A Milton Street, Etobicoke, presents an outstanding opportunity for investors and first-time buyers alike. This solid 5-plex, complemented by an additional bachelor unit, comprises a total of six apartments, all generating a steady income stream. The building, a well-constructed two-storey multiplex, boasts a brick exterior that not only enhances its aesthetic appeal but also ensures durability.

The property features a total of 21 rooms, including five spacious bedrooms and six bathrooms, making it an ideal choice for those seeking ample living space. The kitchen facilities are plentiful, with six kitchens available across the units, some of which are designed in an open-concept style, catering to modern living preferences. While the home is unfurnished, it offers a blank canvas for new owners to infuse their personal style and create a welcoming environment.

The Multi-Family Home for sale in Etobicoke is situated on a generous lot measuring 34 by 92 feet, providing ample outdoor space for potential enhancements or simply enjoying the fresh air. Although there is no pool or garage, the property includes front yard parking that accommodates up to five vehicles, ensuring convenience for both residents and guests.

As an investor, you will appreciate the financial viability of this property. Detailed financials are available, showcasing solid returns and low operating costs. The building is equipped with a coin-operated washer and dryer located in the finished basement, adding to the appeal for tenants, who are responsible for their own hydro expenses. This arrangement not only simplifies management but also enhances the profitability of the investment.

The Multi-Family Home for sale in Etobicoke is strategically located on a quiet street, just a stone's throw from the Mimico GO Station, which allows for a swift commute to Union Station in under 15 minutes. This prime location is further enhanced by its proximity to parks, scenic trails, local restaurants, shops, and the renowned Sherway Gardens shopping centre. Such amenities not only enrich the living experience for tenants but also make the property highly attractive to prospective renters.

This property is particularly appealing to investors looking to live in one unit while renting out the others, providing a unique opportunity to offset living costs. With no central vacuum system and window units for air conditioning, the home maintains a straightforward and manageable setup, perfect for those who prefer simplicity.

The age of the building, between 51 to 99 years, adds character and charm, while the finished basement offers additional space that can be utilised according to the new owner's needs. Although there is no family room, the expansive layout of the apartments ensures that residents have sufficient room for their individual lifestyles.

In summary, this Multi-Family Home for sale in Etobicoke at 25A Milton Street, Etobicoke, is a rare find in today’s market. With its impressive income-generating potential, strategic location, and ample living space, it is an investment that promises both immediate returns and future growth. Don’t miss out on this exceptional opportunity; book your showing today, as properties of this calibre do not linger on the market for long. Seize the chance to invest in a thriving community and secure your financial future with this remarkable property.

Mimico, nestled within the city of Etobicoke, is a charming lakeside neighbourhood that beautifully blends urban convenience with a touch of natural serenity. Bordered by the shimmering waters of Lake Ontario, it offers picturesque waterfront parks and scenic walking trails, perfect for leisurely strolls or cycling. The area boasts a rich history, reflected in its quaint architecture and vibrant local shops, while a diverse array of restaurants and cafes cater to various tastes. With excellent transport links, including easy access to downtown Toronto, Mimico presents an inviting option for those seeking a tranquil yet connected lifestyle, where the allure of lakeside living meets the vibrancy of city life.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs. The closest option is George R Gauld Junior School, a public elementary school offering grades JK to 5, situated just 0.4 km away. For families seeking a broader curriculum, John English Junior Middle School, located 1.1 km from the property, provides education from JK to 8 and boasts a solid school rating of 7.1. Additionally, St. Louis Catholic School, also 0.7 km away, offers both English and French instruction for grades JK to 8 and has a commendable rating of 7. For secondary education, Lakeshore Collegiate Institute is available 3.0 km away, while Bishop Allen Academy, a Catholic high school with a rating of 9, is 1.7 km from the property. This diverse selection of schools, including options for both public and Catholic education, ensures that families can find suitable academic environments for their children, enhancing the overall appeal of the property.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 446 residents, with an average household size of 2.3 individuals. The demographic profile indicates a relatively mature population, with an average age of 39.8 years. The average household income stands at $96,000, reflecting a moderately affluent community, though 8.8% of the population is classified as low-income. The housing market is characterized by an average property price of $1,100,000, with 42.86% of residents being renters and 11.43% living in condominiums. Notably, 40% of households include children, and a significant portion of the population, 39.77%, are immigrants, contributing to the area's cultural diversity. The community also shows a high level of education, with 57.14% of residents holding a college or university degree. Additionally, 46.67% of the population is single, and 30% are not participating in the labor force, indicating a mix of working professionals and those who may be engaged in other pursuits. Overall, this area presents a vibrant and diverse community with a blend of families, singles, and a strong educational background.