Mimico · W06 · M8V 2R5
$8,699,000
$360 / sq ft4 months on market
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Property being sold on an "as-is, where-is" basis under power of sale provisions. Unique opportunity to acquire a substantially renovated 4-storey building with ground floor/basement commercial space and 18 apartment units on upper floors. The approximately 25,000 square foot site also has zoning approvals and servicing in place for the development 12 townhouse units on the rear of the lot. Preliminary steps have been taken to explore up-zoning the development to a mid-rise development. The property is located directly across the street from the Mimico GO Station and is a short walk to shops and restaurants on Royal York.
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This home is priced above most comparable listings — about 95% of comparable multi-unit / investment listings in Toronto are asking less.
Based on 95 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $8,699,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.